PowerShares Dynamic Indls Sec Port (PRN) Declares Quarterly Dividend of $0.11
PowerShares Dynamic Indls Sec Port (NYSE:PRN) declared a quarterly dividend on Friday, June 16th, Wall Street Journal reports. Stockholders of record on Tuesday, June 20th will be given a dividend of 0.1111 per share by the exchange traded fund on Friday, June 30th. This represents a $0.44 annualized dividend and a dividend yield of 0.83%. The ex-dividend date is Friday, June 16th.
PowerShares Dynamic Indls Sec Port has raised its dividend payment by an average of 19.7% per year over the last three years.
PowerShares Dynamic Indls Sec Port (NYSE:PRN) traded down 0.3010% on Friday, hitting $53.8275. 2,533 shares of the stock traded hands. The stock has a 50 day moving average of $53.17 and a 200 day moving average of $51.60. PowerShares Dynamic Indls Sec Port has a 52 week low of $45.04 and a 52 week high of $54.66.
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.
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