Franklin Universal Trust (FT) Declares $0.038 Monthly Dividend; 7% Yield

June 21, 2011 7:19 AM EDT
Franklin Universal Trust (NYSE: FT) declared a monthly dividend of $0.038 per share, or $0.456 annualized.

The dividend will be payable on July 15, 2011, to stockholders of record on June 30, 2011, with an ex-dividend date of June 28, 2011.

The annual yield on the dividend is 7 percent.


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