PowerShares 1-30 Laddered Treasury Portfolio (PLW) Increases Dividend to $0.06 Per Share

PowerShares 1-30 Laddered Treasury Portfolio (NASDAQ:PLW) announced a monthly dividend on Monday, January 22nd, Wall Street Journal reports. Investors of record on Tuesday, January 23rd will be given a dividend of 0.0561 per share on Wednesday, January 31st. This represents a $0.67 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date is Monday, January 22nd. This is a boost from PowerShares 1-30 Laddered Treasury Portfolio’s previous monthly dividend of $0.05.

Shares of PowerShares 1-30 Laddered Treasury Portfolio (NASDAQ PLW) traded down $0.10 during trading hours on Monday, reaching $32.14. The company’s stock had a trading volume of 25,800 shares, compared to its average volume of 43,531. PowerShares 1-30 Laddered Treasury Portfolio has a 52-week low of $31.40 and a 52-week high of $33.52.

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