John Hancock Investors Trust (JHI) to Issue Quarterly Dividend of $0.26 on December 29th

by · The Cerbat Gem

John Hancock Investors Trust (NYSE:JHI – Get Free Report) declared a quarterly dividend on Friday, December 1st, investing.com reports. Investors of record on Monday, December 11th will be paid a dividend of 0.2648 per share by the financial services provider on Friday, December 29th. This represents a $1.06 annualized dividend and a yield of 8.20%. The ex-dividend date of this dividend is Friday, December 8th.

John Hancock Investors Trust has decreased its dividend by an average of 0.7% annually over the last three years.

John Hancock Investors Trust Price Performance

Shares of NYSE:JHI traded up $0.09 during trading on Wednesday, hitting $12.92. 3,444 shares of the stock traded hands, compared to its average volume of 20,193. The company has a fifty day moving average price of $12.22 and a two-hundred day moving average price of $12.52. John Hancock Investors Trust has a 52-week low of $11.63 and a 52-week high of $13.94.

Institutional Investors Weigh In On John Hancock Investors Trust

Several hedge funds have recently modified their holdings of the company. Morgan Stanley raised its holdings in John Hancock Investors Trust by 6.1% in the 4th quarter. Morgan Stanley now owns 106,731 shares of the financial services provider’s stock worth $1,338,000 after purchasing an additional 6,094 shares during the period. Osaic Holdings Inc. increased its position in shares of John Hancock Investors Trust by 6.0% in the second quarter. Osaic Holdings Inc. now owns 103,922 shares of the financial services provider’s stock valued at $1,314,000 after buying an additional 5,869 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of John Hancock Investors Trust by 99.2% during the 1st quarter. Ameriprise Financial Inc. now owns 83,302 shares of the financial services provider’s stock worth $1,057,000 after buying an additional 41,484 shares during the period. Bank of America Corp DE lifted its position in shares of John Hancock Investors Trust by 46.5% during the 4th quarter. Bank of America Corp DE now owns 72,627 shares of the financial services provider’s stock valued at $911,000 after buying an additional 23,059 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in John Hancock Investors Trust by 4.1% in the 1st quarter. NewEdge Advisors LLC now owns 52,007 shares of the financial services provider’s stock valued at $652,000 after acquiring an additional 2,043 shares during the period. 15.63% of the stock is owned by hedge funds and other institutional investors.

John Hancock Investors Trust Company Profile

(Get Free Report)

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.

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