John Hancock Income Securities Trust (NYSE:JHS) Increases Dividend to $0.15 Per Share

John Hancock Income Securities Trust (NYSE:JHS) announced 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 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 Down 0.1%

John Hancock Income Securities Trust stock opened at $10.87 on Wednesday. The stock 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 12-month low of $10.74 and a 12-month high of $12.09.

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.