Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) Declares Monthly Dividend of $0.06

Franklin Limited Duration Income Trust (NYSEAMERICAN:FTFGet Free Report) announced a monthly dividend on Monday, June 10th, Wall Street Journal reports. Investors of record on Tuesday, June 18th will be given a dividend of 0.0615 per share on Friday, June 28th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 11.55%. The ex-dividend date is Tuesday, June 18th.

Franklin Limited Duration Income Trust has raised its dividend payment by an average of 9.2% annually over the last three years and has increased its dividend annually for the last 1 consecutive years.

Franklin Limited Duration Income Trust Price Performance

Shares of FTF stock opened at $6.39 on Tuesday. Franklin Limited Duration Income Trust has a 1 year low of $5.76 and a 1 year high of $6.56.

About Franklin Limited Duration Income Trust

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

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