John Hancock Income Securities Trust (NYSE:JHS) Announces Dividend Increase – $0.15 Per Share

John Hancock Income Securities Trust (NYSE:JHS) declared a quarterly dividend on Monday, June 1st. Investors of record on Thursday, June 11th will be given a dividend of 0.1535 per share by the financial services provider on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend is Thursday, June 11th. This is a 11.5% increase from John Hancock Income Securities Trust’s previous quarterly dividend of $0.14.

John Hancock Income Securities Trust Trading Down 0.4%

John Hancock Income Securities Trust stock opened at $11.10 on Tuesday. The stock has a fifty day moving average price of $11.08 and a 200 day moving average price of $11.42. John Hancock Income Securities Trust has a 52 week low of $10.74 and a 52 week 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.