John Hancock Income Securities Trust (NYSE:JHS) announced a quarterly dividend on Wednesday, December 4th, Wall Street Journal reports. Investors of record on Thursday, December 12th will be given a dividend of 0.2197 per share by the financial services provider on Tuesday, December 31st. This represents a $0.88 dividend on an annualized basis and a yield of 6.05%. The ex-dividend date is Wednesday, December 11th. This is a boost from John Hancock Income Securities Trust’s previous quarterly dividend of $0.16.
JHS remained flat at $$14.52 on Wednesday. 29,328 shares of the company were exchanged, compared to its average volume of 19,939. The company’s fifty day simple moving average is $14.56 and its 200 day simple moving average is $14.46. John Hancock Income Securities Trust has a 12-month low of $12.38 and a 12-month high of $15.04.
About John Hancock Income Securities Trust
John Hancock Income Securities Trust is a closed ended fixed income mutual fund launched and managed by John Hancock Advisers, LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of United States. It invests primarily in corporate and government bonds with average maturity of 7.57 years.
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