John Hancock Income Securities Trust (NYSE:JHS – Get Free Report) declared a quarterly dividend on Tuesday, September 1st. Stockholders of record on Friday, September 11th will be paid a dividend of 0.1546 per share by the financial services provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis 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 Stock Performance
John Hancock Income Securities Trust stock opened at $10.87 on Wednesday. The business has a 50 day simple moving average of $10.95 and a 200 day simple moving average of $11.09. John Hancock Income Securities Trust has a one year low of $10.74 and a one year high of $12.09.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in JHS. Fifth Third Bancorp acquired a new stake in shares of John Hancock Income Securities Trust in the 1st quarter valued at $27,000. Susquehanna International Group LLP increased its position in shares of John Hancock Income Securities Trust by 79.5% during the 2nd quarter. Susquehanna International Group LLP now owns 18,052 shares of the financial services provider’s stock worth $199,000 after purchasing an additional 7,996 shares in the last quarter. Petra Financial Advisors Inc. increased its position in shares of John Hancock Income Securities Trust by 34.2% during the 1st quarter. Petra Financial Advisors Inc. now owns 25,657 shares of the financial services provider’s stock worth $281,000 after purchasing an additional 6,532 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in John Hancock Income Securities Trust by 23.9% during the 2nd quarter. Baird Financial Group Inc. now owns 60,103 shares of the financial services provider’s stock valued at $678,000 after purchasing an additional 11,587 shares during the last quarter. Finally, Fiera Capital Corp lifted its holdings in John Hancock Income Securities Trust by 35.7% during the 4th quarter. Fiera Capital Corp now owns 105,878 shares of the financial services provider’s stock valued at $1,240,000 after purchasing an additional 27,841 shares during the last quarter.
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.
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