Is the John Hancock Preferred Income Fund II dividend safe?
At risk
John Hancock Preferred Income Fund II pays 9.2% a year, but that takes 92% of its free cash flow.
The numbers behind it
Dividend yield9.2%
Paid out of free cash flow92%
Paid out of profit62%
Debt in years of earnings9.1 years
How we decide
We look at how much of its free cash flow a company hands out. Under 60% leaves room, 60% to 90% is tight, and above 90% or heavy debt puts the dividend at risk.
More questions about John Hancock Preferred Income Fund II
Data as of Nov 13, 2026.