John Hancock Income Securities Trust (NYSE:JHS) announced a quarterly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Monday, December 11th will be given a dividend of 0.2181 per share by the financial services provider on Friday, December 29th. This represents a $0.87 annualized dividend and a dividend yield of 5.88%. The ex-dividend date of this dividend is Friday, December 8th. This is a positive change from John Hancock Income Securities Trust’s previous quarterly dividend of $0.19.
John Hancock Income Securities Trust has decreased its dividend payment by an average of 5.3% annually over the last three years.
John Hancock Income Securities Trust (JHS) opened at $14.84 on Thursday. John Hancock Income Securities Trust has a fifty-two week low of $13.66 and a fifty-two week high of $14.95.
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About John Hancock Income Securities Trust
John Hancock Income Securities Trust is a diversified, closed-end management investment company. The Fund’s investment objective is to generate a high level of current income consistent with prudent investment risk. The Fund invests approximately 80% of its net assets (plus borrowings for investment purposes) in income securities, consisting of marketable corporate debt securities, governmental obligations, and cash and commercial paper.
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