Franklin Limited Duration Income Trust (FTF) to Issue Monthly Dividend of $0.06 on June 28th

Franklin Limited Duration Income Trust (NYSEAMERICAN:FTFGet Free Report) announced a monthly dividend on Friday, June 7th, Wall Street Journal reports. Stockholders 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 dividend yield of 11.66%. The ex-dividend date is Tuesday, June 18th.

Franklin Limited Duration Income Trust has increased its dividend payment by an average of 9.2% annually over the last three years.

Franklin Limited Duration Income Trust Stock Performance

Shares of Franklin Limited Duration Income Trust stock opened at $6.33 on Friday. Franklin Limited Duration Income Trust has a 1 year low of $5.76 and a 1 year high of $6.56.

Franklin Limited Duration Income Trust Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF)

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