Franklin Universal Trust (“FT” or the “Fund”) Announces Distribution
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Franklin Universal Trust (NYSE: FT) announced a monthly distribution of $0.0425 per share, payable on March 31, 2025, to shareholders of record on March 17, 2025. The fund aims to provide high current income and growth through dividend increases and capital appreciation.
March 07, 2025 | 6:15 pm
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Franklin Universal Trust announced a monthly distribution of $0.0425 per share, payable on March 31, 2025. This aligns with its objective of providing high current income and growth through dividends.
The announcement of a distribution is likely to positively impact the stock price in the short term as it aligns with the fund's objectives of providing income and growth. Investors may view this as a sign of stability and reliability in income generation.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100