John Hancock Income Securities Trust Declares Quarterly Dividend.
BOSTON--(BUSINESS WIRE)--Feb. 25, 2003
John Hancock Income Securities Trust (NYSE: JHS) 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 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 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 of $127.6 billion.