John Hancock Income Securities Trust (JHS) To Go Ex-Dividend on March 12th

John Hancock Income Securities Trust (NYSE:JHS) declared a quarterly dividend on Monday, March 2nd. Shareholders of record on Thursday, March 12th will be paid a dividend of 0.1377 per share by the financial services provider on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date is Thursday, March 12th.

John Hancock Income Securities Trust Stock Performance

Shares of NYSE JHS remained flat at $11.25 during midday trading on Tuesday. The stock had a trading volume of 697 shares, compared to its average volume of 12,605. John Hancock Income Securities Trust has a one year low of $10.62 and a one year high of $12.09. The stock has a fifty day simple moving average of $11.68 and a 200-day simple moving average of $11.66.

Institutional Trading of John Hancock Income Securities Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Prestige Wealth Management Group LLC purchased a new stake in John Hancock Income Securities Trust during the 3rd quarter valued at $42,000. Petra Financial Advisors Inc. grew its position in John Hancock Income Securities Trust by 72.1% in the fourth quarter. Petra Financial Advisors Inc. now owns 19,125 shares of the financial services provider’s stock worth $224,000 after acquiring an additional 8,010 shares in the last quarter. Fiera Capital Corp boosted its holdings in shares of John Hancock Income Securities Trust by 16.1% in the third quarter. Fiera Capital Corp now owns 78,037 shares of the financial services provider’s stock valued at $911,000 after purchasing an additional 10,836 shares during the period. Baird Financial Group Inc. grew its stake in John Hancock Income Securities Trust by 23.9% in the second 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, Hennion & Walsh Asset Management Inc. grew its position in John Hancock Income Securities Trust by 7.1% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 186,299 shares of the financial services provider’s stock worth $2,175,000 after purchasing an additional 12,407 shares during the last quarter.

About John Hancock Income Securities Trust

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.