PowerShares Listed Private Eq. Declares Quarterly Dividend of $0.30 (PSP)
PowerShares Listed Private Eq. (NYSEARCA:PSP) announced a quarterly dividend on Monday, March 19th, Wall Street Journal reports. Stockholders of record on Tuesday, March 20th will be given a dividend of 0.3044 per share on Thursday, March 29th. This represents a $1.22 annualized dividend and a dividend yield of 9.89%. The ex-dividend date is Monday, March 19th.
PowerShares Listed Private Eq. stock traded down $0.36 during mid-day trading on Monday, hitting $12.31. The stock had a trading volume of 60,337 shares, compared to its average volume of 113,808. PowerShares Listed Private Eq. has a 52 week low of $11.57 and a 52 week high of $13.52. The company has a market cap of $274.56 and a price-to-earnings ratio of 13.83.
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About PowerShares Listed Private Eq.
PowerShares Global Listed Private Equity Portfolio (the Fund) is based on the Global Listed Private Equity Index (Index). The Fund focuses to invest at least 90% of its total assets in securities, which may include American depository receipts (ADRs) and global depository receipts (GDRs), which comprises the Index.
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