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

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Franklin Universal Trust (FT) has declared a monthly distribution of $0.0425 per share, payable on November 29, 2024, to shareholders of record on November 18, 2024. The Fund's primary objective is to provide high current income while preserving capital, with a secondary focus on income growth through dividend increases and capital appreciation. The Fund is managed by Franklin Templeton, a global investment management organization with over $1.6 trillion in assets under management as of September 30, 2024, and operates through more than 1,500 investment professionals worldwide.

Franklin Universal Trust (FT) ha dichiarato una distribuzione mensile di $0.0425 per azione, che sarà pagata il 29 novembre 2024, agli azionisti registrati il 18 novembre 2024. L'obiettivo principale del Fondo è fornire un elevato reddito corrente mantenendo il capitale, con un focus secondario sulla crescita del reddito attraverso l'aumento dei dividendi e l'apprezzamento del capitale. Il Fondo è gestito da Franklin Templeton, un'organizzazione globale di gestione degli investimenti con oltre $1,6 trilioni di attivi in gestione al 30 settembre 2024, e opera attraverso più di 1.500 professionisti degli investimenti in tutto il mondo.

Franklin Universal Trust (FT) ha declarado una distribución mensual de $0.0425 por acción, que se pagará el 29 de noviembre de 2024, a los accionistas registrados el 18 de noviembre de 2024. El objetivo principal del Fondo es proporcionar un alto ingreso corriente mientras se preserva el capital, con un enfoque secundario en el crecimiento del ingreso mediante aumentos de dividendos y apreciación del capital. El Fondo es gestionado por Franklin Templeton, una organización global de gestión de inversiones con más de $1.6 billón en activos bajo gestión a 30 de septiembre de 2024, y opera a través de más de 1,500 profesionales de inversiones en todo el mundo.

프랭클린 유니버설 트러스트 (FT)주당 $0.0425의 월 배당금을 선언했으며, 2024년 11월 29일에 지급됩니다. 주주 기록일은 2024년 11월 18일입니다. 이 펀드의 주요 목표는 자본을 보존하면서 높은 현재 수익을 제공하는 것이며, 배당금 증가와 자본 감사를 통한 수익 성장에 중점을 두고 있습니다. 이 펀드는 2024년 9월 30일 현재 프랭클린 템플턴에 의해 관리되고 있으며, 이때 $1.6조 이상의 자산을 운용 중이며, 전 세계에 1,500명 이상의 투자 전문가가 활동하고 있습니다.

Franklin Universal Trust (FT) a déclaré une distribution mensuelle de 0,0425 $ par action, payable le 29 novembre 2024, aux actionnaires enregistrés le 18 novembre 2024. L'objectif principal du Fonds est de fournir un revenu courant élevé tout en préservant le capital, avec un objectif secondaire de croissance du revenu par le biais d'augmentation des dividendes et d'appréciation du capital. Le Fonds est géré par Franklin Templeton, une organisation mondiale de gestion d'investissements avec plus de 1,6 trillion $ d'actifs sous gestion au 30 septembre 2024, et opère avec plus de 1 500 professionnels de l'investissement dans le monde entier.

Franklin Universal Trust (FT) hat eine monatliche Ausschüttung von 0,0425 $ pro Aktie erklärt, die am 29. November 2024 an die am 18. November 2024 registrierten Aktionäre gezahlt wird. Das Hauptziel des Fonds ist es, ein hohes laufendes Einkommen zu erzielen und gleichzeitig das Kapital zu erhalten, mit einem sekundären Fokus auf Einkommenswachstum durch Dividendenerhöhungen und Kapitalgewinn. Der Fonds wird von Franklin Templeton verwaltet, einer globalen Investmentmanagement-Organisation mit über 1,6 Billionen $ an verwalteten Vermögenswerten zum 30. September 2024, und arbeitet mit mehr als 1.500 Investment-Experten weltweit zusammen.

Positive
  • Monthly dividend distribution maintained at $0.0425 per share
  • Strong institutional backing with $1.6 trillion in assets under management
  • Global presence with operations in over 150 countries
Negative
  • None.

Insights

This monthly distribution announcement of $0.0425 per share maintains FT's consistent income stream for investors. The fund, with its dual objectives of high current income and capital preservation, shows stability in its distribution policy. With Franklin Templeton's substantial $1.6 trillion in assets under management and global presence, this regular distribution reflects their established position in fund management.

The distribution yield, while modest, aligns with the fund's conservative approach to capital preservation. The ex-dividend date of November 18, 2024, gives investors a clear timeline for position management. However, investors should note that these distributions can fluctuate based on the fund's investment performance and market conditions.

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 29, 2024, to shareholders of record on November 18, 2024 (Ex-Dividend Date: November 18, 2024).

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 150 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 specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.6 trillion in assets under management as of September 30, 2024. For more information, please visit franklintempleton.com.

For more information, please contact Franklin Templeton at 1-800-342-5236.

Source: Franklin Templeton

FAQ

What is Franklin Universal Trust's (FT) latest dividend amount for November 2024?

Franklin Universal Trust (FT) announced a monthly distribution of $0.0425 per share, payable on November 29, 2024.

When is the ex-dividend date for Franklin Universal Trust's (FT) November 2024 distribution?

The ex-dividend date for FT's November 2024 distribution is November 18, 2024.

What are Franklin Universal Trust's (FT) investment objectives?

FT's primary objective is to provide high current income with capital preservation, and its secondary objective is growth of income through dividend increases and capital appreciation.

How much assets under management does Franklin Templeton have as of September 2024?

Franklin Templeton has over $1.6 trillion in assets under management as of September 30, 2024.

Franklin Universal Trust Shares of Beneficial Interest

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