PowerShares Dynamic LargeCap Value (PWV) Declares $0.20 Quarterly Dividend

PowerShares Dynamic LargeCap Value (NYSEARCA:PWV) announced a quarterly dividend on Monday, December 18th, Wall Street Journal reports. Stockholders of record on Tuesday, December 19th will be paid a dividend of 0.2031 per share on Friday, December 29th. This represents a $0.81 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date is Monday, December 18th.

Shares of PowerShares Dynamic LargeCap Value (PWV) traded up $0.05 on Tuesday, hitting $39.27. 58,400 shares of the stock were exchanged, compared to its average volume of 107,743. PowerShares Dynamic LargeCap Value has a 12-month low of $33.59 and a 12-month high of $39.38.

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