PowerShares Balanced Multi-Asset Allocation Portfolio (BATS:PSMB) Declares Quarterly Dividend of $0.04

PowerShares Balanced Multi-Asset Allocation Portfolio (BATS:PSMB) announced a quarterly dividend on Monday, March 19th, Wall Street Journal reports. Investors of record on Tuesday, March 20th will be given a dividend of 0.0394 per share on Thursday, March 29th. This represents a $0.16 annualized dividend and a yield of 1.17%. The ex-dividend date of this dividend is Monday, March 19th.

PowerShares Balanced Multi-Asset Allocation Portfolio stock opened at $13.44 on Wednesday. PowerShares Balanced Multi-Asset Allocation Portfolio has a 12-month low of $12.28 and a 12-month high of $13.94.

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