John Hancock Investors Trust (JHI) To Go Ex-Dividend on June 11th

John Hancock Investors Trust (NYSE:JHI) announced a quarterly dividend on Monday, June 1st. Stockholders of record on Thursday, June 11th will be given a dividend of 0.297 per share by the financial services provider on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date of this dividend is Thursday, June 11th. This is a 12.9% increase from John Hancock Investors Trust’s previous quarterly dividend of $0.26.

John Hancock Investors Trust Stock Up 0.5%

NYSE JHI opened at $13.20 on Tuesday. John Hancock Investors Trust has a 52 week low of $12.50 and a 52 week high of $14.51. The company has a 50-day moving average price of $13.25 and a 200-day moving average price of $13.53.

Institutional Investors Weigh In On John Hancock Investors Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in JHI. Raymond James Financial Inc. purchased a new stake in John Hancock Investors Trust in the 2nd quarter worth approximately $69,000. Ameriprise Financial Inc. grew its holdings in John Hancock Investors Trust by 63.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 21,231 shares of the financial services provider’s stock valued at $294,000 after buying an additional 8,228 shares in the last quarter. World Investment Advisors purchased a new stake in John Hancock Investors Trust during the 1st quarter valued at approximately $299,000. Bank of America Corp DE grew its holdings in John Hancock Investors Trust by 2.6% during the 1st quarter. Bank of America Corp DE now owns 33,545 shares of the financial services provider’s stock valued at $433,000 after buying an additional 863 shares in the last quarter. Finally, Aviance Capital Partners LLC grew its holdings in John Hancock Investors Trust by 3.9% during the 4th quarter. Aviance Capital Partners LLC now owns 35,696 shares of the financial services provider’s stock valued at $488,000 after buying an additional 1,340 shares in the last quarter. 27.01% of the stock is owned by hedge funds and other institutional investors.

About John Hancock Investors Trust

John Hancock Investors Trust (NYSE: JHI) is a closed-end management investment company that offers investors access to a diversified portfolio of global securities. Established in 1929, the trust seeks to combine long-term capital growth with income generation through active portfolio management. Shares of the fund trade on the New York Stock Exchange, providing investors with the liquidity of an exchange-traded security alongside the diversification benefits of a professionally managed fund structure.

The fund’s investment strategy emphasizes a multi-asset approach, allocating capital across global equities, fixed-income instruments and convertible securities.