John Hancock Investors Trust (NYSE:JHI) to Issue Quarterly Dividend of $0.23

John Hancock Investors Trust (NYSE:JHI) announced a quarterly dividend on Tuesday, March 4th, Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be paid a dividend of 0.2349 per share by the financial services provider on Monday, March 31st. This represents a $0.94 annualized dividend and a dividend yield of 6.70%. The ex-dividend date of this dividend is Thursday, March 13th.

John Hancock Investors Trust has decreased its dividend payment by an average of 9.6% per year over the last three years.

John Hancock Investors Trust Stock Performance

JHI stock traded down $0.01 during midday trading on Tuesday, reaching $14.03. The company’s stock had a trading volume of 38,137 shares, compared to its average volume of 16,794. John Hancock Investors Trust has a 1 year low of $12.82 and a 1 year high of $14.48. The stock has a fifty day simple moving average of $14.01 and a two-hundred day simple moving average of $14.00.

About John Hancock Investors Trust

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.