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 from net investment income, payable on March 31, 2022. Shareholders of record as of March 17, 2022 will receive the payment, with an ex-dividend date of March 16, 2022. The Fund's primary aim is to provide high current income while preserving capital. Distribution amounts may vary based on investment income, and past distributions do not predict future performance.

Positive

• Monthly distribution of $0.0425 per share indicates continued income generation for shareholders.
• Investment strategy focused on high income and capital preservation.

Negative

• Distributions may vary and are subject to change based on investment performance.
• Shareholders should not rely solely on current distribution amounts for investment performance conclusions.

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 March 31, 2022, to shareholders of record on March 17, 2022 (Ex-Dividend Date: March 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 over $1.5 trillion in assets under management as of January 31, 2022. For more information, please visit franklintempleton.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220307005835/en/

Franklin Templeton, 1-800-342-5236

Source: Franklin Templeton

FAQ

What is the distribution amount for Franklin Universal Trust in March 2022?

Franklin Universal Trust announced a distribution of $0.0425 per share in March 2022.

When is the ex-dividend date for Franklin Universal Trust?

The ex-dividend date for Franklin Universal Trust is March 16, 2022.

What is the primary investment objective of Franklin Universal Trust?

The primary investment objective of Franklin Universal Trust is to provide high current income while preserving capital.

Who will receive the March 2022 distribution from Franklin Universal Trust?

Shareholders of record on March 17, 2022, will receive the March 2022 distribution.

When will the distribution from Franklin Universal Trust be paid?

The distribution will be paid on March 31, 2022.