PowerShares LadderRite 0-5 Year Corporate Bond Portfolio (LDRI) to Issue Monthly Dividend of $0.05

PowerShares LadderRite 0-5 Year Corporate Bond Portfolio (NASDAQ:LDRI) declared a monthly dividend on Monday, December 18th, Wall Street Journal reports. Investors of record on Tuesday, December 19th will be paid a dividend of 0.045 per share on Friday, December 29th. This represents a $0.54 annualized dividend and a yield of 2.18%. The ex-dividend date is Monday, December 18th.

Shares of PowerShares LadderRite 0-5 Year Corporate Bond Portfolio (NASDAQ LDRI) remained flat at $$24.81 during mid-day trading on Tuesday. The company’s stock had a trading volume of 33,200 shares, compared to its average volume of 9,503. PowerShares LadderRite 0-5 Year Corporate Bond Portfolio has a 12-month low of $24.74 and a 12-month high of $25.11.

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