John Hancock Income Securities Trust (NYSE:JHS – Get Free Report) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $11.00 and traded as low as $10.84. John Hancock Income Securities Trust shares last traded at $10.84, with a volume of 12,627 shares.
John Hancock Income Securities Trust Stock Down 0.1%
The firm’s fifty day simple moving average is $11.00 and its 200 day simple moving average is $11.25.
John Hancock Income Securities Trust Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 11th were given a dividend of $0.1535 per share. This is an increase from John Hancock Income Securities Trust’s previous quarterly dividend of $0.14. This represents a $0.61 annualized dividend and a yield of 5.7%. The ex-dividend date was Thursday, June 11th.
Institutional Investors Weigh In On John Hancock Income Securities Trust
About John Hancock Income Securities Trust
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.
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