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

Franklin Limited Duration Income Trust (NYSEAMERICAN:FTFGet Free Report) declared a monthly dividend on Monday, June 10th, Wall Street Journal reports. Shareholders 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 annualized dividend and a yield of 11.55%. The ex-dividend date of this dividend is Tuesday, June 18th.

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

Franklin Limited Duration Income Trust Stock Performance

Franklin Limited Duration Income Trust stock opened at $6.39 on Tuesday. Franklin Limited Duration Income Trust has a 12 month low of $5.76 and a 12 month high of $6.56.

Franklin Limited Duration Income Trust Company Profile

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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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