Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF – Get Free Report) announced a monthly dividend on Friday, June 7th, Wall Street Journal reports. Shareholders of record on Tuesday, June 18th will be paid a dividend of 0.0615 per share on Friday, June 28th. This represents a $0.74 annualized dividend and a yield of 11.66%. The ex-dividend date is Tuesday, June 18th.
Franklin Limited Duration Income Trust has increased its dividend by an average of 9.2% per year over the last three years.
Franklin Limited Duration Income Trust Stock Down 1.6 %
Franklin Limited Duration Income Trust stock opened at $6.33 on Monday. Franklin Limited Duration Income Trust has a twelve month low of $5.76 and a twelve month high of $6.56.
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.
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