PowerShares Exchange-Traded Fund Trust II (VRP) to Issue Monthly Dividend of $0.11

PowerShares Exchange-Traded Fund Trust II (NYSEARCA:VRP) 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 0.1055 per share on Wednesday, January 31st. This represents a $1.27 annualized dividend and a dividend yield of 4.95%. The ex-dividend date of this dividend is Monday, January 22nd. This is a boost from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.09.

Shares of PowerShares Exchange-Traded Fund Trust II (NYSEARCA VRP) traded down $0.01 during trading on Monday, hitting $25.59. The stock had a trading volume of 432,600 shares, compared to its average volume of 529,623. PowerShares Exchange-Traded Fund Trust II has a fifty-two week low of $24.67 and a fifty-two week high of $26.49.

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