Bank CEOs meet with Trump to discuss Fannie Mae and Freddie Mac - Bloomberg
In a challenging market environment, John Hancock Investors Trust (NYSE: JHI) stock has recorded a new 52-week low, dipping to $12.82. According to InvestingPro data, the fund maintains a notable 7.01% dividend yield and has consistently paid dividends for 19 consecutive years. This latest price level reflects a notable decline in investor sentiment as the closed-end fund grapples with the broader economic pressures that have weighed on the financial sector. Despite challenges, the fund maintains a P/E ratio of 5.41 and achieved revenue growth of 5.15% in the last twelve months. InvestingPro analysis indicates the stock is in oversold territory, with additional insights available to subscribers. The 52-week low serves as a critical indicator for investors monitoring the fund’s performance in comparison to its historical trading range.
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