John Hancock Income Securities Trust (NYSE:JHS) announced a quarterly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Thursday, December 12th will be paid a dividend of 0.2197 per share by the financial services provider on Tuesday, December 31st. This represents a $0.88 annualized dividend and a dividend yield of 6.05%. The ex-dividend date is Wednesday, December 11th. This is an increase from John Hancock Income Securities Trust’s previous quarterly dividend of $0.16.
Shares of NYSE JHS remained flat at $$14.52 during trading on Wednesday. 29,328 shares of the company’s stock traded hands, compared to its average volume of 19,939. John Hancock Income Securities Trust has a 52 week low of $12.38 and a 52 week high of $15.04. The stock has a 50-day moving average price of $14.56 and a two-hundred day moving average price of $14.46.
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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