PowerShares LadderRite 0-5 Year Corporate Bond Portfolio Plans Monthly Dividend of $0.04 (LDRI)

PowerShares LadderRite 0-5 Year Corporate Bond Portfolio (NASDAQ:LDRI) 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 0.0409 per share on Wednesday, January 31st. This represents a $0.49 annualized dividend and a dividend yield of 1.98%. The ex-dividend date of this dividend is Monday, January 22nd.

Shares of PowerShares LadderRite 0-5 Year Corporate Bond Portfolio (NASDAQ LDRI) traded down $0.04 on Monday, hitting $24.78. 20,934 shares of the stock traded hands, compared to its average volume of 4,846. PowerShares LadderRite 0-5 Year Corporate Bond Portfolio has a one year low of $24.76 and a one year high of $25.11.

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