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

Rhea-AI Summary

Franklin Universal Trust (NYSE: FT) has announced a monthly distribution of $0.0425 per share, payable on February 28, 2022. Shareholders of record on February 17, 2022 will receive this distribution, with an ex-dividend date set for February 16, 2022. The Trust aims to provide high current income with capital preservation, while also seeking to grow income through dividend increases. Investors should note that past distributions may not predict future payouts.

Positive

• Monthly distribution of $0.0425 per share indicates consistent income generation.
• Objective to provide high current income can attract income-focused investors.

Negative

• Distributions may vary, suggesting potential instability in income.
• Past distributions not indicative of future performance may concern investors.

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 February 28, 2022, to shareholders of record on February 17, 2022 (Ex-Dividend Date: February 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. [NYSE: BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 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 brings 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 over $1.5 trillion in assets under management as of December 31, 2021. For more information, please visit franklintempleton.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220207005670/en/

Franklin Templeton, 1-800-342-5236

Source: Franklin Templeton

FAQ

What is the upcoming dividend amount for Franklin Universal Trust (FT)?

Franklin Universal Trust (FT) announced a dividend of $0.0425 per share, payable on February 28, 2022.

When is the record date for the FT dividend distribution?

The record date for the FT dividend distribution is February 17, 2022.

What is the ex-dividend date for Franklin Universal Trust (FT)?

The ex-dividend date for Franklin Universal Trust (FT) is February 16, 2022.

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

Franklin Universal Trust (FT) aims to provide high current income while preserving capital and seeks to grow income through dividend increases.