PowerShares Aerospace & Defense (PWC) Announces Quarterly Dividend of $0.28

PowerShares Aerospace & Defense (NYSEARCA:PWC) announced a quarterly dividend on Monday, March 19th, Wall Street Journal reports. Investors of record on Tuesday, March 20th will be paid a dividend of 0.2752 per share on Thursday, March 29th. This represents a $1.10 annualized dividend and a dividend yield of 1.14%. The ex-dividend date is Monday, March 19th.

Shares of PowerShares Aerospace & Defense stock opened at $96.52 on Wednesday. PowerShares Aerospace & Defense has a 12-month low of $80.92 and a 12-month high of $103.21.

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About PowerShares Aerospace & Defense

PowerShares Dynamic Market Portfolio (Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Market Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Underlying Intellidex selection methodology seeks to identify and select companies from the U.S.

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