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Thomas Rowe Wright, a director at John Hancock Investors Trust (NYSE:JHI), acquired additional shares of the company, according to a recent SEC filing. On April 8, Wright purchased 875 shares of beneficial interest at an average price of $12.57 per share, amounting to a total transaction value of approximately $10,998. The purchase comes as the stock has experienced a notable 7.8% decline over the past week, with InvestingPro data indicating oversold conditions. This purchase brings Wright's total holdings in the company to 875 shares, reflecting his direct ownership in the trust. The company, currently valued at $111 million, offers a substantial 7.5% dividend yield and has maintained dividend payments for 19 consecutive years. InvestingPro analysis reveals several additional key metrics and insights available to subscribers.
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