Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF – Get Free Report) declared a monthly dividend on Friday, February 7th,Wall Street Journal reports. Investors 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 annualized dividend and a dividend 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% annually over the last three years.
Franklin Limited Duration Income Trust Trading Up 0.1 %
FTF stock opened at $6.70 on Friday. Franklin Limited Duration Income Trust has a 52 week low of $6.08 and a 52 week 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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