Franklin Universal Trust (“FT” or the “Fund”) Announces Distribution
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Franklin Universal Trust (NYSE: FT) has announced a monthly distribution of $0.0425 per share, payable on December 31, 2024, to shareholders of record on December 16, 2024. The fund aims to provide high current income and capital preservation.
December 06, 2024 | 4:30 pm
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Franklin Universal Trust has declared a monthly distribution of $0.0425 per share, reinforcing its commitment to providing high current income and capital preservation.
The announcement of a distribution is a positive signal for investors seeking income, as it aligns with the fund's objective of providing high current income. This could attract income-focused investors, potentially boosting the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100