John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) Declares Dividend Increase – $0.06 Per Share

John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) announced a monthly dividend on Tuesday, February 24th. Shareholders of record on Wednesday, February 25th will be paid a dividend of 0.0573 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Wednesday, February 25th. This is a 46.2% increase from John Hancock Mortgage-Backed Securities ETF’s previous monthly dividend of $0.04.

John Hancock Mortgage-Backed Securities ETF Price Performance

Shares of JHMB stock traded down $0.05 during trading hours on Wednesday, reaching $22.44. 14,423 shares of the stock were exchanged, compared to its average volume of 66,587. John Hancock Mortgage-Backed Securities ETF has a 12-month low of $21.29 and a 12-month high of $22.60. The company’s 50-day moving average price is $22.29 and its 200-day moving average price is $22.23.

About John Hancock Mortgage-Backed Securities ETF

The John Hancock Mortgage Backed Securities ETF (JHMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is actively managed and primarily invests in investment grade mortgage-backed securities issued or guaranteed by U.S. government and private entities with no specific limit to maturity. JHMB was launched on Aug 19, 2021 and is managed by John Hancock.