Templeton Global Income Fund, Inc. (NYSE:GIM) declared a monthly dividend on Friday, February 1st, NASDAQ reports. Stockholders of record on Friday, February 15th will be paid a dividend of 0.04 per share by the financial services provider on Thursday, February 28th. This represents a $0.48 annualized dividend and a dividend yield of 7.55%. The ex-dividend date of this dividend is Thursday, February 14th. This is an increase from Templeton Global Income Fund’s previous monthly dividend of $0.03.
Shares of GIM stock traded down $0.04 during trading hours on Friday, hitting $6.36. The company had a trading volume of 165,326 shares, compared to its average volume of 294,776. Templeton Global Income Fund has a fifty-two week low of $5.95 and a fifty-two week high of $6.52.
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Templeton Global Income Fund is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc It is managed by Franklin Advisers, Inc The fund invests in fixed income markets across the globe. It primarily invests in government bonds. The fund is actively managed. It benchmarks the performance of its portfolio against the J.P.
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