HPF (John Hancock Preferredome Fund II) Forward Dividend Yield %: 9.39% (As of Jun. 25, 2026)


HPF John Hancock Preferred Income Fund II HPF
31 GF Score
Price $15.76
! 6 Warning Signs
View Full Analysis

What is John Hancock Preferredome Fund II Forward Dividend Yield %?

John Hancock Preferredome Fund II HPF +0.67% 31 Forward Dividend Yield % is 9.39% as of Jun. 25, 2026. GuruFocus rates HPF with a GF Score™ of 31/100. The stock has 6 warning signs investors should review. Among 1,107 Asset Management companies, John Hancock Preferredome Fund II ranks better than 77.15% on this metric.

As of today (2026-06-25), the Forward Annual Dividend Yield of John Hancock Preferredome Fund II is 9.39%.

As of today (2026-06-25), the Trailing Annual Dividend Yield of John Hancock Preferredome Fund II is 9.39%.

HPF's Forward Dividend Yield % is ranked better than
77.15% of 1107 companies
in the Asset Management industry
Industry Median: 6.19 vs HPF: 9.39

John Hancock Preferredome Fund II's Dividends per Share for the six months ended in Jan. 2026 was $0.74.

During the past 12 months, John Hancock Preferredome Fund II's average Dividends Per Share Growth Rate was 2.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

John Hancock Preferredome Fund II  (NYSE:HPF) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

John Hancock Preferredome Fund II Forward Dividend Yield % Related Terms

HPF vs MIY, EMF, HIO: Forward Dividend Yield % Comparison

For the Asset Management subindustry, John Hancock Preferredome Fund II's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

John Hancock Preferredome Fund II Forward Dividend Yield % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund II's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where John Hancock Preferredome Fund II's Forward Dividend Yield % falls into.


HPF
31GF Score
John Hancock Preferred Income Fund II HPF
Forward Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

John Hancock Preferredome Fund II Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

John Hancock Preferredome Fund II Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1235002026-06-112026-06-112026-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002026-05-112026-05-112026-05-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002026-04-132026-04-132026-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002026-03-122026-03-122026-03-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002026-02-122026-02-122026-02-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002026-01-122026-01-122026-01-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002025-12-112025-12-112025-12-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002025-11-132025-11-132025-11-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002025-10-142025-10-142025-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002025-09-122025-09-122025-09-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002025-08-112025-08-112025-08-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002025-07-112025-07-112025-07-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

John Hancock Preferredome Fund II's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.482/15.7648
=9.40 %

Current Share Price is $15.7648.
John Hancock Preferredome Fund II's Dividends per Share for the forward twelve months is calculated as $0.1235 * 12 = $1.482.

John Hancock Preferredome Fund II's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.482/15.7648
=9.40 %

Current Share Price is $15.7648.
John Hancock Preferredome Fund II's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.482.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Forward Dividend Yield % of 9.39% mean?
John Hancock Preferredome Fund II (HPF) has a Forward Dividend Yield % of 9.39% as of Jun. 25, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on John Hancock Preferredome Fund II and its competitors. According to the industry distribution chart, John Hancock Preferredome Fund II ranks #253 out of 1107 companies in the Asset Management industry, placing it in the top 22.9%.
Is John Hancock Preferredome Fund II's Forward Dividend Yield % too high?
John Hancock Preferredome Fund II's current Forward Dividend Yield % is 9.39%. The Asset Management industry median Forward Dividend Yield % is 6.19. John Hancock Preferredome Fund II's value of 9.39% is 51.7% above this industry median. Based on the distribution chart, John Hancock Preferredome Fund II ranks #253 out of 1107 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, John Hancock Preferredome Fund II has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Preferredome Fund II's Forward Dividend Yield % compare to MIY and EMF?
According to the Asset Management industry distribution chart, John Hancock Preferredome Fund II ranks #253 out of 1107 companies for Forward Dividend Yield %. This places John Hancock Preferredome Fund II in the top 23% of its industry — outperforming the majority of peers. The industry median Forward Dividend Yield % is 6.19. John Hancock Preferredome Fund II's value of 9.39% is 51.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Asset Management company?
The median Forward Dividend Yield % among Asset Management companies is 6.19, based on 1,107 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. John Hancock Preferredome Fund II's current Forward Dividend Yield % of 9.39% is 51.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on John Hancock Preferredome Fund II and its competitors. For the Asset Management industry, the median Forward Dividend Yield % is 6.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. John Hancock Preferredome Fund II's current Forward Dividend Yield % is 9.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Preferredome Fund II stock overvalued right now?
John Hancock Preferredome Fund II (HPF) has a current Forward Dividend Yield % of 9.39%. The current Forward Dividend Yield % is 9.39% and 51.7% above the Asset Management industry median of 6.19. John Hancock Preferredome Fund II's overall GF Score™ is 31/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For John Hancock Preferredome Fund II (HPF), the current Forward Dividend Yield % is 9.39% as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

John Hancock Preferredome Fund II Business Description

Address 200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Preferred Income Fund II is the United States based closed-end, diversified management investment company. Its primary objective is to provide a high level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. The fund's principal investment strategies include to invests a majority of its assets in preferred stocks and other preferred securities, including convertible preferred securities. Its portfolio composition consists of U.S preferred securities, common stocks, foreign preferred securities, corporate bonds, capital preferred securities and short-term investments.
31GF Score

Get the complete analysis for HPF

Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.76
Price