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

Rhea-AI Summary

Franklin Universal Trust (NYSE: FT) announced a monthly distribution of $0.0425 per share from net investment income, payable on May 31, 2022. Shareholders of record as of May 16, 2022 will receive this payment, with an ex-dividend date of May 13, 2022. The trust aims to provide high current income while preserving capital, with potential for income and capital growth. However, past distributions do not guarantee future results, and shareholders need to consider tax implications of reported amounts.

Positive

• Monthly distribution of $0.0425 per share.
• Focus on high current income and capital preservation.
• Potential for income growth through dividend increases.

Negative

• Distributions may vary based on net investment income.
• Past distributions are not indicative of future 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 May 31, 2022, to shareholders of record on May 16, 2022 (Ex-Dividend Date: May 13, 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. [NYSE:BEN] 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 $1.5 trillion in assets under management as of March 31, 2022. For more information, please visit franklintempleton.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220506005442/en/

Franklin Templeton, 1-800-342-5236

Source: Franklin Templeton

FAQ

What is the distribution amount announced by Franklin Universal Trust on May 6, 2022?

Franklin Universal Trust announced a distribution of $0.0425 per share.

When will the dividends for Franklin Universal Trust be paid?

The dividends will be paid on May 31, 2022.

What are the ex-dividend and record dates for the upcoming distribution from Franklin Universal Trust?

The ex-dividend date is May 13, 2022, and the record date is May 16, 2022.

Does the recent distribution guarantee future performance for Franklin Universal Trust?

No, past distributions are not indicative of future performance.

What is Franklin Universal Trust's primary investment objective?

The primary investment objective is to provide high current income while preserving capital.