John Hancock Preferred Income Fund and Preferred Income Fund II Declare Increased Monthly Distributions

May 03, 2011   |   May 2011 Bond Updates
BOSTON, May 3, 2011 /PRNewswire/ -- John Hancock Preferred Income Fund (NYSE: HPI) and John Hancock Preferred Income Fund II (NYSE: HPF) (the "Funds") announced today an increase in its monthly distribution by 12.9% to $0.1400 per share, up from $0.1240 per share effective with the Fund's next distr

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