Franklin Universal Trust (NYSE:FT) Plans Monthly Dividend of $0.03

Share on StockTwits

Franklin Universal Trust (NYSE:FT) declared a monthly dividend on Monday, October 21st, Zacks reports. Stockholders of record on Thursday, October 31st will be given a dividend of 0.032 per share by the financial services provider on Friday, November 15th. This represents a $0.38 annualized dividend and a dividend yield of 5.11%. The ex-dividend date is Wednesday, October 30th.

Shares of NYSE:FT traded down $0.05 during trading hours on Monday, hitting $7.51. 19,308 shares of the company’s stock traded hands, compared to its average volume of 36,277. Franklin Universal Trust has a 52 week low of $6.05 and a 52 week high of $7.66. The company’s fifty day simple moving average is $7.52 and its two-hundred day simple moving average is $7.26.

About Franklin Universal Trust

Franklin Universal Trust is a closed-ended balanced mutual fund launched by Franklin Resources, Inc The fund is managed by Franklin Advisers, Inc It invests in the public equity and fixed income markets of the United States. The fund invests in companies operating in utility sector. It employs fundamental analysis to invest in a diversified portfolio of corporate bonds and dividend paying utility stocks.

Featured Article: Are we seeing the beginning of a new bubble?

Dividend History for Franklin Universal Trust (NYSE:FT)

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



Latest News

United Parcel Service, Inc.  Position Reduced by Frisch Financial Group Inc.
United Parcel Service, Inc. Position Reduced by Frisch Financial Group Inc.
Greystone Managed Investments Inc. Sells 60,342 Shares of Canadian National Railway
Greystone Managed Investments Inc. Sells 60,342 Shares of Canadian National Railway
$0.77 Earnings Per Share Expected for Haemonetics Co.  This Quarter
$0.77 Earnings Per Share Expected for Haemonetics Co. This Quarter
Oppenheimer Asset Management Inc. Has $429,000 Position in SPDR S&P Biotech ETF
Oppenheimer Asset Management Inc. Has $429,000 Position in SPDR S&P Biotech ETF
Oppenheimer & Co. Inc. Cuts Stake in Vector Group Ltd
Oppenheimer & Co. Inc. Cuts Stake in Vector Group Ltd
Oppenheimer & Co. Inc. Has $420,000 Stock Holdings in Solaris Oilfield Infrastructure Inc
Oppenheimer & Co. Inc. Has $420,000 Stock Holdings in Solaris Oilfield Infrastructure Inc


© 2006-2019 Ticker Report