PowerShares S&P 500 Low Volatility Portfolio ETF (NYSEARCA:SPLV) declared a monthly dividend on Monday, December 18th, Wall Street Journal reports. Stockholders of record on Tuesday, December 19th will be given a dividend of 0.075 per share on Friday, December 29th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date is Monday, December 18th.

PowerShares S&P 500 Low Volatility Portfolio ETF (NYSEARCA SPLV) remained flat at $$48.07 during trading hours on Tuesday. 1,243,000 shares of the company traded hands, compared to its average volume of 1,427,119. PowerShares S&P 500 Low Volatility Portfolio ETF has a 52-week low of $41.36 and a 52-week high of $48.48.

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