John Hancock Investors Trust (NYSE:JHI) Plans Dividend Increase – $0.31 Per Share

John Hancock Investors Trust (NYSE:JHI) announced a quarterly dividend on Tuesday, September 3rd, Wall Street Journal reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.3134 per share by the financial services provider on Monday, September 30th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 9.10%. The ex-dividend date is Friday, September 13th. This is a boost from John Hancock Investors Trust’s previous quarterly dividend of $0.22.

John Hancock Investors Trust has decreased its dividend by an average of 13.8% annually over the last three years.

John Hancock Investors Trust Trading Up 1.0 %

NYSE JHI traded up $0.13 during trading hours on Wednesday, reaching $13.78. 28,039 shares of the company traded hands, compared to its average volume of 21,685. John Hancock Investors Trust has a 12 month low of $11.63 and a 12 month high of $13.85. The company has a 50 day moving average of $13.45 and a two-hundred day moving average of $13.33.

John Hancock Investors Trust Company Profile

John Hancock Investors 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. It invests in the fixed income markets across the globe. The fund primarily invests in a diversified portfolio of corporate and government bonds, debt securities.