PowerShares Exchange-Traded Fund Trust II (KBWD) Plans Monthly Dividend of $0.20

PowerShares Exchange-Traded Fund Trust II (NASDAQ:KBWD) declared a monthly dividend on Monday, January 22nd, Wall Street Journal reports. Stockholders of record on Tuesday, January 23rd will be paid a dividend of 0.1994 per share on Wednesday, January 31st. This represents a $2.39 dividend on an annualized basis and a dividend yield of 10.14%. The ex-dividend date is Monday, January 22nd. This is a positive change from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.16.

Shares of PowerShares Exchange-Traded Fund Trust II (KBWD) traded up $0.10 during trading hours on Monday, hitting $23.60. The stock had a trading volume of 69,900 shares, compared to its average volume of 78,792. PowerShares Exchange-Traded Fund Trust II has a one year low of $22.76 and a one year high of $24.94.

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