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John Hancock Preferred Income Fund II (HPF)

Financial Services | Asset Management | Boston, United States | NYSE
15.83 USD +0.02 (0.126%) ⇧ (April 17, 2026, 2:19 p.m. EDT)
Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★★
Hot Take | April 11, 2026, 1:35 p.m. EDT

HPF (John Hancock Preferred Income Fund II) offers a high dividend yield of 9.37%, which is a strong indicator for dividend-focused investors. However, the fund's recent price history shows volatility, with a current price of $15.81 near the 52-week low of $15.07. The short-term price forecasting model suggests minimal directional change, which may indicate a lack of momentum. The consistent monthly dividend payments, with no signs of reduction, support a stable yield, making it a potential buy for long-term investors seeking income. However, the fund's high debt-to-equity ratio and low price-to-book ratio suggest caution, and the lack of strong earnings growth could be a concern for long-term sustainability.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.010437
AutoARIMA0.010899
AutoETS0.010899
MSTL0.011016

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 22%
H-stat 13.05
Ljung-Box p 0.000
Jarque-Bera p 0.003
Excess Kurtosis 0.93
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-04-12
Last Dividend Date 2026-04-12
Debt to Equity Ratio 59.836
Revenue per Share 1.778
Market Cap 342,732,608
Trailing P/E 12.18
Beta 0.68
Profit Margins 72.89%
Website https://www.jhinvestments.com/Fund/ManagementCommentary.aspx?ProductType=ClosedEnd&FundID=34100&ClassCode=CE&BackToFundTableType=Price

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.78% 9.64% 10.63% 10.92%
Dividend History
Date Dividend Yield %
2026-04-13 0.124 0.784314
2026-03-12 0.124 0.798086
2026-02-12 0.124 0.782372
2026-01-12 0.124 0.788882
2025-12-11 0.124 0.792535
2025-11-13 0.124 0.782123
2025-10-14 0.124 0.780866
2025-09-12 0.124 0.790472
2025-08-11 0.124 0.823776
2025-07-11 0.124 0.838022
2025-06-12 0.124 0.848819
2025-05-12 0.124 0.832257
2025-04-11 0.124 0.901492
2025-03-13 0.124 0.833735
2025-02-13 0.124 0.788254
2025-01-13 0.124 0.866022
2024-12-12 0.124 0.831214
2024-11-12 0.124 0.791288
2024-10-11 0.124 0.760555
2024-09-13 0.124 0.823733
2024-08-12 0.124 0.880327
2024-07-11 0.124 0.855112
2024-06-13 0.124 0.850381
2024-05-10 0.124 0.858464
2024-04-10 0.124 0.920990
2024-03-08 0.124 0.910461
2024-02-09 0.124 0.936752
2024-01-11 0.124 0.926693
2023-12-08 0.124 1.020945
2023-11-10 0.124 1.070750
2023-10-11 0.124 1.132823
2023-09-08 0.124 1.043428
2023-08-10 0.124 1.012338
2023-07-12 0.124 1.041662
2023-06-09 0.124 1.089975
2023-05-10 0.124 1.102104
2023-04-12 0.124 1.035886
2023-03-10 0.124 1.012521
2023-02-10 0.124 0.976247
2023-01-12 0.124 0.992065
2022-12-09 0.124 1.087226
2022-11-10 0.124 1.038165
2022-10-12 0.124 1.089602
2022-09-09 0.124 0.949290
2022-08-10 0.124 0.901658
2022-07-08 0.124 0.991499
2022-06-10 0.124 0.953575
2022-05-11 0.124 1.009662
2022-04-08 0.124 0.955752
2022-03-10 0.124 0.986367
2022-02-10 0.124 0.951764
2022-01-12 0.124 0.867454
2021-12-10 0.124 0.866382
2021-11-10 0.124 0.841965
2021-10-08 0.124 0.852976
2021-09-10 0.124 0.851192
2021-08-11 0.124 0.830544
2021-07-09 0.124 0.870661
2021-06-10 0.124 0.882572
2021-05-12 0.124 0.924295
2021-04-09 0.124 0.898717
2021-03-10 0.124 1.005894
2021-02-10 0.124 1.019366
2021-01-13 0.124 1.062310
2020-12-10 0.124 1.060295
2020-11-10 0.124 1.097558
2020-10-09 0.124 1.092406
2020-09-10 0.124 1.105864
2020-08-12 0.124 1.068629
2020-07-10 0.124 1.139609
2020-06-10 0.124 1.080917
2020-05-08 0.124 1.200121
2020-04-09 0.124 1.239912
2020-03-11 0.124 1.110166
2020-02-12 0.124 0.924599
2020-01-10 0.124 0.948813
2019-12-11 0.124 0.984588
2019-11-08 0.124 0.981643
2019-10-10 0.124 0.958662
2019-09-12 0.140 1.058626
2019-08-09 0.140 1.070159
2019-07-10 0.140 1.068732
2019-06-12 0.140 1.104824
2019-05-10 0.140 1.140518
2019-04-10 0.140 1.152484
2019-03-08 0.140 1.173839
2019-02-08 0.140 1.205521
2019-01-11 0.140 1.276255
2018-12-12 0.140 1.292815
2018-11-09 0.140 1.272586
2018-10-10 0.140 1.285037
2018-09-13 0.140 1.222932
2018-08-10 0.140 1.246409
2018-07-11 0.140 1.240580
2018-06-08 0.140 1.280119
2018-05-10 0.140 1.339005
2018-04-11 0.140 1.372028
2018-03-09 0.140 1.368629
2018-02-09 0.140 1.417739
2018-01-11 0.140 1.306018
2017-12-08 0.140 1.315231
2017-11-10 0.140 1.321324
2017-10-11 0.140 1.304262
2017-09-08 0.140 1.328521
2017-08-09 0.140 1.309697
2017-07-11 0.140 1.310215
2017-06-08 0.140 1.344697
2017-05-09 0.140 1.350269
2017-04-11 0.140 1.382532
2017-03-09 0.140 1.467236
2017-02-09 0.140 1.424358
2017-01-11 0.140 1.463823
2016-12-08 0.140 1.542822
2016-11-09 0.140 1.492981
2016-10-11 0.140 1.415913
2016-09-08 0.140 1.341451
2016-08-09 0.140 1.356081
2016-07-07 0.140 1.365645
2016-06-09 0.140 1.414050
2016-05-10 0.140 1.441712
2016-04-07 0.140 1.531663
2016-03-09 0.140 1.565192
2016-02-09 0.140 1.663519
2016-01-12 0.140 1.641647
2015-12-09 0.140 1.721798
2015-11-09 0.140 1.695223
2015-10-08 0.140 1.732218
2015-09-09 0.140 1.769769
2015-08-11 0.140 1.751410
2015-07-09 0.140 1.744174
2015-06-09 0.140 1.728408
2015-05-07 0.140 1.694305
2015-04-09 0.140 1.653050
2015-03-10 0.140 1.678467
2015-02-10 0.140 1.668970
2014-12-24 0.140 1.726657
2014-12-09 0.140 1.738455
2014-11-10 0.140 1.761516
2014-10-09 0.140 1.819111
2014-09-10 0.140 1.806409
2014-08-07 0.140 1.852986
2014-07-09 0.140 1.813976
2014-06-10 0.140 1.824705
2014-05-08 0.140 1.807153
2014-04-09 0.140 1.884880
2014-03-11 0.140 1.974124
2014-02-11 0.140 2.036166
2013-12-26 0.140 2.094891
2013-12-10 0.140 2.205613
2013-11-07 0.140 2.084497
2013-10-09 0.140 2.100069
2013-09-11 0.140 2.072651
2013-08-08 0.140 2.073640
2013-07-09 0.140 2.000405
2013-06-11 0.140 1.991751
2013-05-09 0.140 1.699586
2013-04-09 0.140 1.802428
2013-03-07 0.140 1.822369
2013-02-07 0.140 1.845073
2012-12-27 0.140 1.942853
2012-12-11 0.140 1.918034
2012-11-08 0.140 1.855111
2012-10-09 0.140 1.827290
2012-09-12 0.140 1.863817
2012-08-09 0.140 1.861337
2012-07-10 0.140 1.964897
2012-06-07 0.140 2.004584
2012-05-09 0.140 1.982910
2012-04-10 0.140 2.068186
2012-03-08 0.140 2.029524
2012-02-09 0.140 2.059368
2011-12-28 0.140 2.168239
2011-12-08 0.140 2.189072
2011-11-09 0.140 2.223084
2011-10-11 0.140 2.311040
2011-09-08 0.140 2.238467
2011-08-09 0.140 2.480998
2011-07-07 0.140 2.251227
2011-06-09 0.140 2.292739
2011-05-10 0.140 2.408650
2011-04-07 0.124 2.266508
2011-03-09 0.124 2.283905
2011-02-09 0.124 2.328862
2011-01-11 0.124 2.349479
2010-12-09 0.124 2.329916
2010-11-09 0.124 2.242531
2010-10-07 0.124 2.220245
2010-09-09 0.124 2.197660
2010-08-10 0.124 2.315187
2010-07-08 0.124 2.560544
2010-06-09 0.124 2.669713
2010-05-11 0.124 2.671891
2010-04-08 0.124 2.540110
2010-03-09 0.124 2.578969
2010-02-09 0.124 2.785740
2010-01-12 0.124 2.720548
2009-12-09 0.124 2.929686
2009-11-10 0.124 3.071997
2009-10-08 0.124 2.909271
2009-09-09 0.124 3.018747
2009-08-11 0.124 2.997372
2009-07-09 0.124 3.449789
2009-06-09 0.124 3.438912
2009-05-07 0.124 4.055657
2009-04-08 0.124 4.595672
2009-03-10 0.124 6.407782
2009-02-10 0.155 4.870908
2009-01-08 0.155 4.402641
2008-12-11 0.155 5.937897
2008-11-10 0.155 4.939336
2008-10-09 0.155 8.285961
2008-09-12 0.155 4.416183
2008-08-11 0.155 3.799485
2008-07-11 0.155 4.133160
2008-06-09 0.155 3.573921
2008-05-09 0.155 3.479165
2008-04-10 0.155 3.564301
2008-03-10 0.155 3.786265
2008-02-08 0.155 3.338891
2008-01-10 0.155 3.572392
2007-12-11 0.161 3.965115
2007-11-07 0.155 3.888002
2007-10-09 0.155 3.443715
2007-09-12 0.155 3.435219
2007-08-09 0.155 3.420267
2007-07-10 0.155 3.281315
2007-06-07 0.155 3.247655
2007-05-09 0.155 3.134536
2007-04-10 0.155 3.117830
2007-03-08 0.155 3.213438
2007-02-08 0.155 3.224489
2007-01-10 0.155 3.152820
2006-12-07 0.589 12.192686
2006-11-09 0.155 3.333095
2006-10-10 0.155 3.367562
2006-09-07 0.155 3.557368
2006-08-09 0.155 3.600706
2006-07-11 0.155 3.734770
2006-06-08 0.155 3.853892
2006-05-09 0.155 3.901991
2006-04-11 0.155 3.859375
2006-03-09 0.155 3.829550
2006-02-09 0.155 3.898623
2006-01-11 0.155 4.012869
2005-12-08 0.155 4.256013
2005-11-09 0.155 4.136827
2005-10-11 0.155 4.139710
2005-09-08 0.155 3.853553
2005-08-09 0.155 3.915557
2005-07-07 0.155 3.911438
2005-06-09 0.155 3.967592
2005-05-19 0.155 4.095693
2005-04-14 0.155 4.201257
2005-03-17 0.155 4.181661
2005-02-17 0.155 3.968239
2005-01-20 0.180 4.432903
2004-12-16 0.180 4.482532
2004-11-18 0.180 4.443713
2004-10-14 0.180 4.537998
2004-09-16 0.180 4.587135
2004-08-19 0.180 4.618500
2004-07-15 0.180 4.784251
2004-06-17 0.180 5.007500
2004-05-20 0.180 5.165238
2004-04-20 0.180 4.890587
2004-03-18 0.180 4.453346
2004-02-19 0.180 4.663746
2004-01-15 0.180 4.656486
2003-12-18 0.398 10.516413
2003-11-20 0.180 4.923875
2003-10-16 0.180 5.000718
2003-09-18 0.180 5.096035
2003-08-14 0.180 5.219860
2003-07-17 0.180 5.100840
2003-06-19 0.180 4.964890
2003-05-15 0.180 5.170806
2003-04-16 0.180 5.224773
2003-03-20 0.180 5.412340
2003-02-20 0.180 5.284451
2003-01-15 0.180 5.311644
Additional Data
dividendRate 1.48
dividendYield 9.37
exDividendDate 2026-04-13
trailingAnnualDividendRate 1.112
trailingAnnualDividendYield 0.07033523
lastDividendValue 0.124
lastDividendDate 2026-04-13
dividendDate 2019-02-28

Info Dump

Attribute Value
52 Week Change 0.03808272
Address1 200 Berkeley Street
All Time High 27.35
All Time Low 6.0
Ask 15.84
Ask Size 600
Average Daily Volume10 Day 33,440
Average Daily Volume3 Month 39,281
Average Volume 39,281
Average Volume10Days 33,440
Beta 0.684
Bid 15.8
Bid Size 400
Book Value 15.955
City Boston
Country United States
Crypto Tradeable 0
Currency USD
Current Price 15.83
Current Ratio 2.257
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 15.86
Day Low 15.78
Debt To Equity 59.836
Dividend Date 1,551,312,000
Dividend Rate 1.48
Dividend Yield 9.37
Earnings Growth -0.073
Earnings Quarterly Growth -0.071
Earnings Timestamp End 1,581,991,200
Earnings Timestamp Start 1,581,732,000
Ebitda Margins 0.0
Eps Trailing Twelve Months 1.3
Esg Populated 0
Ex Dividend Date 1,776,038,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 15.8576
Fifty Day Average Change -0.027600288
Fifty Day Average Change Percent -0.0017405085
Fifty Two Week Change Percent 3.808272
Fifty Two Week High 17.13
Fifty Two Week High Change -1.2999992
Fifty Two Week High Change Percent -0.07589021
Fifty Two Week Low 15.07
Fifty Two Week Low Change 0.7600002
Fifty Two Week Low Change Percent 0.050431337
Fifty Two Week Range 15.07 - 17.13
Financial Currency USD
First Trade Date Milliseconds 1,038,321,000,000
Five Year Avg Dividend Yield 8.61
Free Cashflow 17,540,040
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 38,487,592
Has Pre Post Market Data 1
Held Percent Insiders 0.00052
Held Percent Institutions 0.12122
Implied Shares Outstanding 21,650,829
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,776,038,400
Last Dividend Value 0.124
Last Fiscal Year End 1,753,920,000
Long Business Summary John Hancock Preferred Income Fund II is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred value stocks of companies, convertible preferred securities, and investment grade fixed-income securities rated investment grade or higher by Moody's or Standard & Poor's. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund II was formed on November 29, 2002 and is domiciled in the United States.
Long Name John Hancock Preferred Income Fund II
Market us_market
Market Cap 342,732,608
Market State REGULAR
Max Age 86,400
Message Board Id finmb_3605742
Most Recent Quarter 1,769,817,600
Net Income To Common 28,055,700
Next Fiscal Year End 1,785,456,000
Non Diluted Market Cap 342,299,606
Open 15.84
Operating Cashflow 31,085,524
Operating Margins 0.88399005
Payout Ratio 1.14
Phone 617 663 3000
Previous Close 15.81
Price Hint 2
Price To Book 0.99216545
Price To Sales Trailing12 Months 8.905016
Profit Margins 0.72894996
Quick Ratio 1.478
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.019999504
Regular Market Change Percent 0.12649907
Regular Market Day High 15.86
Regular Market Day Low 15.78
Regular Market Day Range 15.78 - 15.86
Regular Market Open 15.84
Regular Market Previous Close 15.81
Regular Market Price 15.83
Regular Market Time 1,776,449,976
Regular Market Volume 47,321
Return On Assets 0.03818
Return On Equity 0.080860004
Revenue Growth 0.013
Revenue Per Share 1.778
Sand P52 Week Change 0.36506534
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 21,650,829
Shares Percent Shares Out 0.0023
Shares Short 31,422
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 8,051
Short Name John Hancock Pfd Income Fund II
Short Ratio 1.69
Source Interval 15
State MA
Symbol HPF
Total Debt 206,700,000
Total Revenue 38,487,592
Tradeable 0
Trailing Annual Dividend Rate 1.112
Trailing Annual Dividend Yield 0.07033523
Trailing Eps 1.3
Trailing P E 12.176924
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 16.19775
Two Hundred Day Average Change -0.36775017
Two Hundred Day Average Change Percent -0.022703782
Type Disp Equity
Volume 47,321
Website https://www.jhinvestments.com/Fund/ManagementCommentary.aspx?ProductType=ClosedEnd&FundID=34100&ClassCode=CE&BackToFundTableType=Price
Zip 2,116