PowerShares Fin. Preferred Port. (NYSE:PGF) announced a monthly dividend on Thursday, April 13th. Shareholders of record on Tuesday, April 18th will be given a dividend of 0.0806 per share on Friday, April 28th. This represents a $0.97 dividend on an annualized basis and a yield of 5.15%. The ex-dividend date is Thursday, April 13th. This is an increase from PowerShares Fin. Preferred Port.’s previous monthly dividend of $0.08.
PowerShares Fin. Preferred Port. (NYSE:PGF) traded down 0.05% during midday trading on Thursday, reaching $18.77. The company’s stock had a trading volume of 203,277 shares. The company’s 50-day moving average price is $18.60 and its 200-day moving average price is $18.45. PowerShares Fin. Preferred Port. has a 1-year low of $17.65 and a 1-year high of $19.56.
TRADEMARK VIOLATION WARNING: This piece of content was originally posted by sleekmoney and is owned by of sleekmoney. If you are reading this piece of content on another website, it was copied illegally and republished in violation of international copyright and trademark legislation. The original version of this piece of content can be accessed at http://sleekmoney.com/powershares-fin-preferred-port-pgf-raises-dividend-to-0-08-per-share/1739538.html.
About PowerShares Fin. Preferred Port.
PowerShares Financial Preferred Portfolio (the Fund) is a non-diversified fund. The Fund is based on the Wells Fargo Hybrid and Preferred Financial Index (WHPSF Financial Index) (the Index). The Index tracks the performance of the United States-listed securities issued by financial institutions. The Index is rebalanced monthly.
This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/powershares-fin-preferred-port-pgf-raises-dividend-to-0-08-per-share/1739538.html
Receive News & Ratings for PowerShares Fin. Preferred Port. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerShares Fin. Preferred Port. and related companies with MarketBeat.com's FREE daily email newsletter.