Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF – Get Free Report) declared a monthly dividend on Thursday, November 7th,NASDAQ Dividends reports. Shareholders of record on Monday, November 18th will be given a dividend of 0.0615 per share on Friday, November 29th. This represents a $0.74 dividend on an annualized basis and a yield of 11.20%. The ex-dividend date of this dividend is Monday, November 18th.
Franklin Limited Duration Income Trust has raised its dividend payment by an average of 9.2% annually over the last three years.
Franklin Limited Duration Income Trust Stock Performance
NYSEAMERICAN:FTF traded up $0.02 during trading hours on Friday, reaching $6.59. 158,564 shares of the stock were exchanged, compared to its average volume of 193,938. Franklin Limited Duration Income Trust has a twelve month low of $6.04 and a twelve month 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.
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