PowerShares Exchange-Traded Fund Trust II (SPHB) to Issue $0.12 Quarterly Dividend

PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPHB) declared a quarterly dividend on Monday, March 19th, Wall Street Journal reports. Shareholders of record on Tuesday, March 20th will be paid a dividend of 0.1163 per share on Thursday, March 29th. This represents a $0.47 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Monday, March 19th.

Shares of PowerShares Exchange-Traded Fund Trust II stock traded down $0.71 on Monday, reaching $43.99. The company’s stock had a trading volume of 75,979 shares, compared to its average volume of 206,320. PowerShares Exchange-Traded Fund Trust II has a 52 week low of $35.68 and a 52 week high of $46.04.

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