PowerShares International Corporate ETF (NYSEARCA:PICB) declared a monthly dividend on Monday, January 22nd, Wall Street Journal reports. Stockholders of record on Tuesday, January 23rd will be given a dividend of 0.0368 per share on Wednesday, January 31st. This represents a $0.44 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Monday, January 22nd. This is an increase from PowerShares International Corporate ETF’s previous monthly dividend of $0.03.

PowerShares International Corporate ETF (NYSEARCA:PICB) traded down $0.11 during midday trading on Monday, hitting $28.02. 4,700 shares of the stock traded hands, compared to its average volume of 29,331. PowerShares International Corporate ETF has a 1-year low of $24.29 and a 1-year high of $28.24.

TRADEMARK VIOLATION NOTICE: This report was originally reported by Daily Political and is owned by of Daily Political. If you are accessing this report on another site, it was stolen and republished in violation of U.S. and international copyright and trademark legislation. The original version of this report can be accessed at https://www.dailypolitical.com/2018/01/22/powershares-international-corporate-etf-picb-increases-dividend-to-0-04-per-share.html.

Receive News & Ratings for PowerShares International Corporate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerShares International Corporate ETF and related companies with MarketBeat.com's FREE daily email newsletter.