Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF – Get Free Report) declared a monthly dividend on Wednesday, January 8th,Wall Street Journal reports. Shareholders of record on Tuesday, January 21st will be paid a dividend of 0.0615 per share on Friday, January 31st. This represents a $0.74 annualized dividend and a yield of 11.08%. The ex-dividend date is Tuesday, January 21st.
Franklin Limited Duration Income Trust has raised its dividend by an average of 10.5% annually over the last three years.
Franklin Limited Duration Income Trust Trading Up 1.1 %
Shares of FTF stock traded up $0.07 during midday trading on Thursday, reaching $6.66. 178,521 shares of the company traded hands, compared to its average volume of 141,924. Franklin Limited Duration Income Trust has a 1-year low of $6.08 and a 1-year 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
- When to Sell a Stock for Profit or Loss
- MercadoLibre: Latin America’s Digital Titan Just Got Cheaper
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Breaking Down Pegasystems, A Wedbush Top AI Pick for 2025
- What is the NASDAQ Stock Exchange?
- Shutterstock and Getty: A $3.7 Billion Visual Content Giant
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.
