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Franklin Universal Trust declares $0.0425 monthly dividend, 6.5% yield, payable Dec. 31 to shareholders of record Dec. 15.
Franklin Universal Trust (FT) announced a $0.0425 monthly dividend, payable December 31 to shareholders of record on December 15, yielding 6.5% annually.
The closed-end fund, managed by Franklin Advisers and launched by Franklin Resources, invests in U.S. equities and fixed income, focusing on utilities and dividend-paying stocks.
FT closed at $7.89 on December 5, down $0.07, with volume slightly above average.
Its 52-week range is $6.71 to $8.20.
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Franklin Universal Trust declara 0,0425 dólares de dividendo mensual, un rendimiento del 6,5%, pagadero el 31 de diciembre a los accionistas registrados el 15 de diciembre.