Franklin Universal Trust (NYSE:FT) announces a monthly dividend of $0.03

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Franklin Universal Trust (NYSE:FT) to go ex-dividend.
On 4/19/2017 Franklin Universal Trust ( NYSE:FT ) announced that it will be issuing a monthly dividend in the amount of $0.03 up from $0.03 making the yield 5.39%.


Franklin Universal Trust (NYSE:FT) Ex- dividend date

Franklin Universal Trust (NYSE:FT) is set to go ex-dividend on 3/29/2017 and will be payable on 4/13/2017


Dividend History for Franklin Universal Trust (NYSE:FT)
The next payable dividend for Franklin Universal Trust is scheduled for 5/15/2017. There is an annual dividend of $$0.43 with a yield of 6.01% The company’s dividend has decresed by -1.10% on a 3 Year Average

Recent Dividend History for Franklin Universal Trust (NYSE:FT)

  • On 7/15/2016 Franklin Universal Trust announced a jul 16 dividend of $0.04.
  • On 6/20/2016 Franklin Universal Trust announced a jun 16 dividend of $0.04.
  • On 8/19/2016 Franklin Universal Trust announced a aug 16 dividend of $0.03.
  • On 9/19/2016 Franklin Universal Trust announced a sep 16 dividend of $0.03.
  • On 10/21/2016 Franklin Universal Trust announced a oct 16 dividend of $0.03.
  • On 11/18/2016 Franklin Universal Trust announced a monthly dividend of $0.03.



About Company
Franklin Universal Trust is a closed-end management investment company. The Fund’s primary investment objective is to provide high, current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation. It invests primarily in two asset classes: high yield bonds and utility stocks. Within utility portion of portfolio, it focuses on companies with attractive dividend yields and with history of increasing their dividends. It invests in various industrial sectors, such as energy; materials; transportation; utilities; automobiles and components; banks; capital goods; commercial and professional services; consumer durables and apparel; food, beverage and tobacco; healthcare equipment and services; media; real estate; software and services; technology hardware and equipment; pharmaceuticals, biotechnology and life sciences, and telecommunication services. Franklin Advisers, Inc. is its investment manager.

Recent Insider Trading for Franklin Universal Trust (NYSE:FT)

  • On 12/9/2016 Larry D Thompson, Insider, bought 1,544 with an average share price of $6.53 per share and the total transaction amounting to $10,082.32.



Recent Analyst Rating for Franklin Universal Trust (NYSE:FT)

  • On 7/18/2016 Morgan Stanley, Downgrade, fromOverweight to Equal Weight to Overweight



Recent Trading for Franklin Universal Trust (NYSE:FT)
Shares of Franklin Universal Trust closed the previous trading session at 7.15 up +0.05 0.70% with 23,161 shares trading hands.

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