John Hancock Income Securities Trust Declares Quarterly Dividend.
BOSTON--(BUSINESS WIRE)--Feb. 25, 2003
John Hancock Income Securities Trust (NYSE NYSE
See: New York Stock Exchange : JHS JHS Junior High School
JHS Jefferson High School
JHS Jacksonville High School (Jacksonville, Alabama)
JHS Journal of Hellenic Studies
JHS Jordan High School (Sandy, Utah) ) declared its regular quarterly dividend today as follows:
Declaration Date: February 25, 2003 Ex Date: March 5, 2003 Record Date: March 7, 2003 Payment Date: March 31, 2003 Dividend Amount: $0.22750
This dividend equates to an annualized annualized
Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. yield of 5.98 percent, based on the fund's closing market price as of February 24, 2003.
John Hancock Advisers, a premier investment management company, managed $25.8 billion in open-end funds, closed-end funds, private accounts, variable annuities and retirement plans for individual and institutional investors as of December 31, 2002.
John Hancock Advisers is a wholly owned subsidiary Wholly Owned Subsidiary
A subsidiary whose parent company owns 100% of its common stock.
In other words, the parent company owns the company outright and there are no minority owners. of John Hancock Financial Services, Inc. (NYSE: JHF). John Hancock and its affiliated companies provide a broad array of insurance and investment products and services to retail and institutional customers. As of December 31, 2002, John Hancock Financial Services and its subsidiaries had total assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. of $127.6 billion.