Franklin Limited Duration Income Trust (FTF) to Issue $0.10 Sep 18 Dividend
Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) declared a sep 18 dividend on Tuesday, September 18th, RTT News reports. Shareholders of record on Friday, September 28th will be paid a dividend of 0.097 per share on Monday, October 15th. The ex-dividend date of this dividend is Thursday, September 27th.
Franklin Limited Duration Income Trust has increased its dividend by an average of 16.8% annually over the last three years.
FTF stock traded down $0.01 during mid-day trading on Tuesday, hitting $11.38. 282,841 shares of the company were exchanged, compared to its average volume of 88,964. Franklin Limited Duration Income Trust has a twelve month low of $10.85 and a twelve month high of $12.13.
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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