Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF – Get Free Report) declared a monthly dividend on Friday, March 7th, Wall Street Journal reports. Shareholders of record on Monday, March 17th will be paid a dividend of 0.0615 per share on Monday, March 31st. This represents a $0.74 annualized dividend and a yield of 11.28%. The ex-dividend date of this dividend is Monday, March 17th.
Franklin Limited Duration Income Trust has increased its dividend by an average of 2.9% per year over the last three years.
Franklin Limited Duration Income Trust Stock Up 0.8 %
Shares of FTF opened at $6.54 on Friday. The company has a fifty day simple moving average of $6.54. Franklin Limited Duration Income Trust has a 52-week low of $6.08 and a 52-week high of $6.83.
About Franklin Limited Duration Income Trust
Franklin Limited Duration Income Trust is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc The fund is managed by Franklin Advisers, Inc It invests in the fixed income markets of the United States. The fund primarily invests in mortgage-backed securities, asset-backed securities, floating rate bank loans, and high yield corporate bonds.
See Also
- Five stocks we like better than Franklin Limited Duration Income Trust
- How to Most Effectively Use the MarketBeat Earnings Screener
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- What Are Dividends? Buy the Best Dividend Stocks
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
- How Technical Indicators Can Help You Find Oversold Stocks
- Why Costco Stock Is Poised to Hit $1,000 Again Soon
Receive News & Ratings for Franklin Limited Duration Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin Limited Duration Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.
