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 dividend yield of 11.39%. 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% per year over the last three years.
Franklin Limited Duration Income Trust Trading Down 0.5 %
Franklin Limited Duration Income Trust stock opened at $6.48 on Friday. Franklin Limited Duration Income Trust has a fifty-two week low of $6.06 and a fifty-two week 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.
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