Franklin Limited Duration Income Trust (FTF) Declares $0.06 Dividend
Franklin Limited Duration Income Trust said on June 7, 2023 that its board of directors declared a regular monthly dividend of $0.06 per share ($0.71 annualized). Previously, the company paid $0.06 per share.
Shares must be purchased before the ex-div date of June 16, 2023 to qualify for the dividend. Shareholders of record as of June 20, 2023 will receive the payment on June 30, 2023.
At the current share price of $6.09 / share, the stock's dividend yield is 11.63%.
Looking back five years and taking a sample every week, the average dividend yield has been 11.44%, the lowest has been 9.70%, and the highest has been 15.13%. The standard deviation of yields is 1.00 (n=195).
The current dividend yield is 0.18 standard deviations above the historical average.
The company's 3-Year dividend growth rate is -0.26%.
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