PowerShares Dynamic Indls Sec Port (PRN) to Issue Dividend Increase – $0.25 Per Share
PowerShares Dynamic Indls Sec Port (NYSE:PRN) declared a quarterly dividend on Monday, September 18th, Wall Street Journal reports. Investors of record on Tuesday, September 19th will be paid a dividend of 0.253 per share by the exchange traded fund on Friday, September 29th. This represents a $1.01 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend is Monday, September 18th. This is an increase from PowerShares Dynamic Indls Sec Port’s previous quarterly dividend of $0.11.
PowerShares Dynamic Indls Sec Port has raised its dividend payment by an average of 19.7% annually over the last three years.
PowerShares Dynamic Indls Sec Port (NYSE:PRN) opened at 57.1714 on Tuesday. The company’s 50-day moving average price is $55.39 and its 200 day moving average price is $53.55. PowerShares Dynamic Indls Sec Port has a 12 month low of $45.04 and a 12 month high of $57.17.
About PowerShares Dynamic Indls Sec Port
PowerShares Dynamic Industrials Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Industrials Sector Intellidex Index (the Index). The Index consists of stocks of 60 United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.
Receive News & Ratings for PowerShares Dynamic Indls Sec Port Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerShares Dynamic Indls Sec Port and related companies with Analyst Ratings Network's FREE daily email newsletter.