Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF – Get Free Report) announced a monthly dividend on Friday, February 7th,Wall Street Journal reports. Shareholders of record on Tuesday, February 18th will be given a dividend of 0.0615 per share on Friday, February 28th. This represents a $0.74 dividend on an annualized basis and a yield of 11.01%. The ex-dividend date is Tuesday, February 18th.
Franklin Limited Duration Income Trust has increased its dividend payment by an average of 8.6% per year over the last three years.
Franklin Limited Duration Income Trust Stock Performance
FTF stock opened at $6.70 on Friday. Franklin Limited Duration Income Trust has a 1-year low of $6.08 and a 1-year high of $6.83.
Franklin Limited Duration Income Trust Company Profile
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.
Read More
- Five stocks we like better than Franklin Limited Duration Income Trust
- What Does a Stock Split Mean?
- Symbotic Shares Down 37%—Is It Time for Bravery or Caution?
- Insider Trading – What You Need to Know
- High-Yield Healthcare: 3 Stocks With Strong Dividends
- 10 Best Airline Stocks to Buy
- Beyond the Bargain Bin: 3 Stocks Leading Discount Retail
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.
