PowerShares Build America Bond Portfolio (BAB) Declares $0.10 Monthly Dividend

PowerShares Build America Bond Portfolio (NYSEARCA:BAB) announced a monthly dividend on Monday, May 21st, Wall Street Journal reports. Shareholders of record on Tuesday, May 22nd will be paid a dividend of 0.1015 per share on Thursday, May 31st. This represents a $1.22 dividend on an annualized basis and a yield of 4.16%. The ex-dividend date is Monday, May 21st.

PowerShares Build America Bond Portfolio traded down $0.12, reaching $29.28, during trading hours on Monday, MarketBeat.com reports. The stock had a trading volume of 114,220 shares, compared to its average volume of 143,654. PowerShares Build America Bond Portfolio has a 52 week low of $29.25 and a 52 week high of $30.98.

PowerShares Build America Bond Portfolio Company Profile

PowerShares Build America Bond Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called The BofA Merrill Lynch Build America Bond Index (the Index). The Fund will normally invests at least 80% of its total assets in the securities that comprise the Index.

Dividend History for PowerShares Build America Bond Portfolio (NYSEARCA:BAB)

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