John Hancock Investors Trust Raises Quarterly Payout to $0.2970, Yields 8.85%
JHI•John Hancock Investors Trust declared a $0.2970 per share quarterly distribution on June 1, payable June 30 to shareholders of record June 11, reflecting a $0.0339 increase from the prior payout. The distribution represents an annualized yield of 8.85%, bolstering income potential for yield-focused investors.
1. Distribution Declaration
John Hancock Investors Trust's board declared a $0.2970 per share quarterly distribution on June 1, setting the ex-dividend and record dates at June 11 and payment date at June 30. This payout marks a $0.0339 increase from the previous quarter’s distribution.
2. Yield and Capital Considerations
At recent market levels, the quarterly distribution equates to an annualized yield of 8.85%, appealing to income-oriented investors. The fund may fund distributions through net investment income, realized capital gains or return of capital, with shareholders receiving detailed tax characterization after year-end.
