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.
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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.
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