John Hancock Income Securities Trust (NYSE:JHS) Announces $0.13 Quarterly Dividend

John Hancock Income Securities Trust (NYSE:JHS) declared a quarterly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.1318 per share by the financial services provider on Monday, March 31st. This represents a $0.53 annualized dividend and a dividend yield of 4.61%. The ex-dividend date of this dividend is Thursday, March 13th.

John Hancock Income Securities Trust has decreased its dividend payment by an average of 12.6% per year over the last three years.

John Hancock Income Securities Trust Trading Up 0.1 %

JHS stock traded up $0.01 on Tuesday, hitting $11.44. The company had a trading volume of 58,101 shares, compared to its average volume of 16,002. John Hancock Income Securities Trust has a 12-month low of $10.68 and a 12-month high of $11.87. The stock’s 50-day simple moving average is $11.22 and its 200 day simple moving average is $11.43.

John Hancock Income Securities Trust Company Profile

John Hancock Income Securities Trust is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management 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.