PowerShares Aerospace & Defense (PZA) Raises Dividend to $0.07 Per Share

PowerShares Aerospace & Defense (NYSEARCA:PZA) announced a monthly dividend on Monday, March 19th, Wall Street Journal reports. Shareholders of record on Tuesday, March 20th will be paid a dividend of 0.0666 per share on Thursday, March 29th. This represents a $0.80 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date is Monday, March 19th. This is an increase from PowerShares Aerospace & Defense’s previous monthly dividend of $0.07.

Shares of PowerShares Aerospace & Defense stock opened at $25.14 on Wednesday. PowerShares Aerospace & Defense has a 12-month low of $24.96 and a 12-month high of $25.90.

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