John Hancock Income Securities Trust (NYSE:JHS) Plans Dividend Increase – $0.15 Per Share

John Hancock Income Securities Trust (NYSE:JHS) declared a quarterly dividend on Tuesday, September 1st. Stockholders of record on Friday, September 11th will be given a dividend of 0.1546 per share by the financial services provider on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 5.7%. The ex-dividend date of this dividend is Friday, September 11th. This is a 0.7% increase from John Hancock Income Securities Trust’s previous quarterly dividend of $0.15.

John Hancock Income Securities Trust Price Performance

Shares of NYSE:JHS opened at $10.87 on Wednesday. The business has a 50-day simple moving average of $10.95 and a two-hundred day simple moving average of $11.09. John Hancock Income Securities Trust has a fifty-two week low of $10.74 and a fifty-two week high of $12.09.

John Hancock Income Securities Trust Company Profile

John Hancock Income Securities Trust (NYSE: JHS) is a diversified, closed-end management investment company that seeks to provide shareholders with high current income while preserving capital. Trading on the New York Stock Exchange since its launch in the late 1970s, the trust offers investors access to a broad portfolio of fixed-income securities under a professional management structure.

The fund’s primary investment activities include purchasing U.S. government and agency obligations, investment-grade corporate debt, mortgage- and asset-backed securities, preferred stocks, and selected foreign debt instruments.