PowerShares Global Short Term High Yield Bond Portfolio (PGHY) Announces $0.09 Monthly Dividend

PowerShares Global Short Term High Yield Bond Portfolio (NYSEARCA:PGHY) announced a monthly dividend on Monday, January 22nd, Wall Street Journal reports. Shareholders of record on Tuesday, January 23rd will be paid a dividend of 0.092 per share on Wednesday, January 31st. This represents a $1.10 annualized dividend and a yield of 4.60%. The ex-dividend date is Monday, January 22nd.

Shares of PowerShares Global Short Term High Yield Bond Portfolio (PGHY) traded down $0.02 during mid-day trading on Monday, reaching $23.98. 90,200 shares of the company’s stock traded hands, compared to its average volume of 78,792. PowerShares Global Short Term High Yield Bond Portfolio has a 52-week low of $23.19 and a 52-week high of $24.76.

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