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Franklin Universal Trust Stock Dividends Overview

FT pays dividends monthly. Last paid amount was $0.0425 at May 31, 2024. As of today, dividend yield (TTM) is 7.78%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 7.78%
Frequency Monthly
1Y Growth -1.16%
Payout Ratio 0
Amount Per Share $0.0425
Franklin Universal Trust has not yet announced its next dividend date. Last payment date was: May 31, 2024.

FT Dividend Payout History

To ensure a understanding of FT's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
41 Jan 20, 2021 Jan 28, 2021 Feb 12, 2021 $0.0320 0.425%
42 Dec 21, 2020 Dec 30, 2020 Jan 15, 2021 $0.0320 0.434%
43 Nov 20, 2020 Nov 27, 2020 Dec 15, 2020 $0.0320 0.437%
44 Oct 20, 2020 Oct 29, 2020 Nov 13, 2020 $0.0320 0.449%
45 Sep 21, 2020 Sep 29, 2020 Oct 15, 2020 $0.0320 0.458%
46 Aug 24, 2020 Aug 28, 2020 Sep 15, 2020 $0.0320 0.456%
47 Jul 22, 2020 Jul 30, 2020 Aug 14, 2020 $0.0320 0.457%
48 Jun 22, 2020 Jun 29, 2020 Jul 15, 2020 $0.0320 0.473%
49 May 20, 2020 May 28, 2020 Jun 15, 2020 $0.0320 0.471%
50 Apr 21, 2020 Apr 29, 2020 May 15, 2020 $0.0320 0.513%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (79.42%)

Growth potential

Decrease likely (33.22%)

FT Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from FT dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in FT stock here.

Comparing FT to Sector and Country

FT pays a solid dividend yield of 7.78%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.76%). FT’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.09%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of FT's dividend payments?
The amount of FT's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in FT sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from FT stock be automatically reinvested?
If FT offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy FT stock.

How often does FT pay dividend?
Franklin Universal Trust (FT) pays dividends monthly. The most recent payout was on May 31, 2024.

How much does FT pays per share?
The last recorder (May 16, 2024) dividend per share was $0.0425.

What is FT dividend growth rate?
Over the last year, Franklin Universal Trust has witnessed growth rate of -1.16% . Looking back over the past 3 years, this growth rate has been -0.389%. Furthermore, examining the past 5 years, Franklin Universal Trust has maintained an average Dividends Per Share Growth Rate of 5.84%.
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About Franklin Universal Trust

Franklin Universal Trust is a closed-ended balanced mutual fund launched by Franklin Resources, Inc. The fund is managed by Franklin Advisers, Inc. It invests in the public equity and fixed income markets of the United States. The fund invests in companies operating in utility sector. It employs fundamental analysis to invest in a diversified portfolio of corporate bonds and dividend paying utility stocks. The fund benchmarks the equity component... FT Profile

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