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 June 30, 2022. Shareholders of record on June 17, 2022 will receive this dividend, with the ex-dividend date set for June 16, 2022. The Fund aims to provide high current income and growth through dividend increases. Distributions may vary and are not indicative of future performance. Actual amounts for tax reporting will depend on the Fund's investment experience and may change according to tax regulations.

Positive

• Monthly distribution of $0.0425 per share indicates ongoing income generation.
• Investment objective focused on current income and capital preservation.

Negative

• Distributions may vary, implying potential instability in income.
• Shareholders are cautioned not to draw conclusions about performance from current distributions.

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 June 30, 2022, to shareholders of record on June 17, 2022 (Ex-Dividend Date: June 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 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 April 30, 2022. For more information, please visit franklintempleton.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220607006063/en/

Franklin Templeton, 1-800-342-5236

Source: Franklin Templeton

FAQ

What is the recent distribution amount for Franklin Universal Trust (FT)?

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

When is the dividend payment date for Franklin Universal Trust (FT)?

The dividend payment date is set for June 30, 2022.

What is the record date for the dividend of Franklin Universal Trust (FT)?

The record date for the dividend is June 17, 2022.

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

The primary objective is to provide high current income, with a secondary goal of income growth through dividends and capital appreciation.

Can shareholders rely on the current distribution amount for future performance of Franklin Universal Trust (FT)?

No, shareholders are advised not to draw conclusions about performance based on current distributions.