PowerShares S&P 500 High Beta Portfolio (SPHB) to Issue Quarterly Dividend of $0.14
PowerShares S&P 500 High Beta Portfolio (NYSEARCA:SPHB) declared a quarterly dividend on Monday, December 18th, Wall Street Journal reports. Stockholders of record on Tuesday, December 19th will be given a dividend of 0.1429 per share on Friday, December 29th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date of this dividend is Monday, December 18th.
PowerShares S&P 500 High Beta Portfolio (NYSEARCA SPHB) traded up $0.47 during mid-day trading on Monday, hitting $42.39. The stock had a trading volume of 116,813 shares, compared to its average volume of 288,682. PowerShares S&P 500 High Beta Portfolio has a 12-month low of $35.68 and a 12-month high of $43.00.
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