PowerShares Russell 1000 Equal Weight POrtfolio Declares Quarterly Dividend of $0.07 (EQAL)

PowerShares Russell 1000 Equal Weight POrtfolio (NYSEARCA:EQAL) announced a quarterly dividend on Monday, March 19th, Wall Street Journal reports. Investors of record on Tuesday, March 20th will be given a dividend of 0.0696 per share on Thursday, March 29th. This represents a $0.28 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend is Monday, March 19th.

PowerShares Russell 1000 Equal Weight POrtfolio stock traded down $0.45 during trading on Monday, reaching $30.92. 16,018 shares of the company were exchanged, compared to its average volume of 67,517. PowerShares Russell 1000 Equal Weight POrtfolio has a 52 week low of $27.54 and a 52 week high of $32.78.

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