Templeton Global Income Fund, Inc. (GIM) to Issue Monthly Dividend of $0.01
Templeton Global Income Fund, Inc. (NYSE:GIM) declared a monthly dividend on Wednesday, November 1st, NASDAQ reports. Shareholders of record on Wednesday, November 15th will be given a dividend of 0.013 per share by the financial services provider on Thursday, November 30th. This represents a $0.16 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend is Tuesday, November 14th.
Templeton Global Income Fund has decreased its dividend payment by an average of 13.4% per year over the last three years.
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Templeton Global Income Fund Company Profile
Templeton Global Income Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund aims to maximize current income while maintaining prospects for capital appreciation by investing in a diversified portfolio of debt and equity securities worldwide. It seeks income by investing in a portfolio of fixed and floating rate debt securities and debt obligations issued by government and government-related issuers or corporate entities, including in emerging markets, as well as stocks the portfolio manager believes offer attractive dividend yields.
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