PowerShrs CEF Income Cmpst Prtfl (NYSEARCA:PCEF) announced a monthly dividend on Monday, March 19th, Wall Street Journal reports. Stockholders of record on Tuesday, March 20th will be given a dividend of 0.1474 per share on Thursday, March 29th. This represents a $1.77 dividend on an annualized basis and a dividend yield of 7.68%. The ex-dividend date of this dividend is Monday, March 19th.
PowerShrs CEF Income Cmpst Prtfl stock traded down $0.26 on Monday, hitting $23.01. The stock had a trading volume of 145,318 shares, compared to its average volume of 152,738. PowerShrs CEF Income Cmpst Prtfl has a 12 month low of $22.35 and a 12 month high of $24.24.
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PowerShares CEF Income Composite Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the S-Network Composite Closed-End Fund Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of funds included in the Index.
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