John Hancock Preferred Income Fund II Dividend
Dividend criteria checks 3/6
John Hancock Preferred Income Fund II is a dividend paying company with a current yield of 9%.
Key information
9.0%
Dividend yield
2,155%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.069 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
HPF: Very Good Fixed-Income Fund, But Could Be Overpriced
Apr 05HPF: Take Some Gains, But Do Not Abandon This CEF Completely
Jan 16John Hancock Preferred Income Fund II: Why Investors Should Consider A Switch
Sep 27HPF: Attractive 8.5% Yield, But May Not Be Sustainable
Feb 02John Hancock Preferred Income Fund II declares $0.1235 dividend
Jan 04John Hancock Preferred Income Fund II goes ex-dividend tomorrow
Dec 08John Hancock Preferred Income Fund II declares $0.1235 dividend
Nov 03John Hancock Preferred Income Fund II declares $0.1235 dividend
Oct 03John Hancock Preferred Income Fund II declares $0.1235 dividend
Sep 01John Hancock Preferred Income Fund II declares $0.1235 dividend
Aug 02John Hancock Preferred Income Fund II declares $0.1235 dividend
Jul 05HPF: Preferred Shares And Corporate Bonds CEF
Feb 09John Hancock Preferred Income Fund II declares $0.1235 dividend
May 07John Hancock Preferred Income Fund II declares $0.1235 dividend
Feb 01John Hancock Preferred Income Fund II declares $0.1235 dividend
Jan 04John Hancock Preferred CEFs Relatively Cheap, For A Reason?
Dec 04John Hancock Preferred Income Fund II declares $0.1235 dividend
Dec 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HPF's dividends per share have been stable in the past 10 years.
Growing Dividend: HPF's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| John Hancock Preferred Income Fund II Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HPF) | 9.0% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (HPF) | n/a |
Notable Dividend: HPF's dividend (9%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: HPF's dividend (9%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (2155.1%), HPF's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (102%), HPF's dividend payments are not well covered by cash flows.