Franklin Universal Trust (“FT” or the “Fund”) Announces Distribution

Rhea-AI Summary

Franklin Universal Trust (NYSE: FT) has declared a monthly distribution of $0.0425 per share from net investment income, scheduled for payment on November 30, 2022. Shareholders of record on November 17, 2022 will receive this distribution, with the ex-dividend date on November 16, 2022. The Fund aims to provide high current income while preserving capital, with potential growth through future dividend increases. Distribution amounts may vary and are estimates for tax reporting purposes.

Positive

• Monthly distribution of $0.0425 per share from net investment income.
• Focus on providing high current income while preserving capital.
• Potential for dividend increases and capital appreciation.

Negative

• Past distributions are not indicative of future trends.
• Distributions may change based on the Fund's investment performance.

SAN MATEO, Calif.--(BUSINESS WIRE)-- Franklin Universal Trust [NYSE: FT] today announced a monthly distribution from net investment income of $0.0425 per share, payable on November 30, 2022, to shareholders of record on November 17, 2022 (Ex-Dividend Date: November 16, 2022).

The Fund’s primary investment objective is to provide high, current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation. Distributions may vary based on the Fund’s net investment income. Past distributions are not indicative of future trends.

Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution or from the terms of the Fund’s distribution policy. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send a Form 1099-DIV to shareholders for the calendar year that will describe how to report the Fund’s distributions for federal income tax purposes.

For further information on Franklin Universal Trust, please visit our web site at: www.franklintempleton.com

Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers boutique specialization on a global scale, bringing extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has 75 years of investment experience and approximately $1.3 trillion in assets under management as of September 30, 2022. For more information, please visit franklintempleton.com.

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Franklin Templeton

1-800-342-5236

Source: Franklin Templeton

FAQ

What is the distribution amount for Franklin Universal Trust (FT) announced for November 2022?

Franklin Universal Trust has announced a distribution of $0.0425 per share for November 2022.

When will Franklin Universal Trust's (FT) distribution be paid?

The distribution will be paid on November 30, 2022.

What is the record date for the November 2022 distribution for FT?

The record date for the November 2022 distribution is November 17, 2022.

What is the ex-dividend date for the November 2022 distribution of FT?

The ex-dividend date for the November 2022 distribution is November 16, 2022.

What are the investment objectives of Franklin Universal Trust (FT)?

The primary objective is to provide high current income with preservation of capital; the secondary objective is growth of income through dividend increases.