PowerShares Global Short Term High Yield Bond Portfolio (PGHY) Increases Dividend to $0.10 Per Share

PowerShares Global Short Term High Yield Bond Portfolio (NYSEARCA:PGHY) declared a monthly dividend on Monday, March 19th, Wall Street Journal reports. Investors of record on Tuesday, March 20th will be given a dividend of 0.0998 per share on Thursday, March 29th. This represents a $1.20 annualized dividend and a dividend yield of 5.07%. The ex-dividend date is Monday, March 19th. This is a positive change from PowerShares Global Short Term High Yield Bond Portfolio’s previous monthly dividend of $0.10.

PowerShares Global Short Term High Yield Bond Portfolio stock traded down $0.08 during midday trading on Monday, hitting $23.62. 83,904 shares of the company traded hands, compared to its average volume of 101,947. PowerShares Global Short Term High Yield Bond Portfolio has a 1 year low of $23.19 and a 1 year high of $24.63.

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