PowerShares S&P SlCp Mls Ptfo (NASDAQ:PSCM) to Issue $0.06 Quarterly Dividend

PowerShares S&P SlCp Mls Ptfo (NASDAQ:PSCM) 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 0.0594 per share on Thursday, March 29th. This represents a $0.24 annualized dividend and a yield of 0.46%. The ex-dividend date of this dividend is Monday, March 19th.

PSCM opened at $51.89 on Wednesday. PowerShares S&P SlCp Mls Ptfo has a 1-year low of $43.76 and a 1-year high of $55.75.

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About PowerShares S&P SlCp Mls Ptfo

PowerShares S&P SmallCap Materials Portfolio (the Fund) is based on the S&P SmallCap 600 Capped Materials Index (Index). The Index is designed to measure the overall performance of common stocks of United States basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals.

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