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Franklin Universal Trust (Franklin Universal Trust) Dividend Yield % : 7.49% (As of May. 12, 2024)


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What is Franklin Universal Trust Dividend Yield %?

As of today (2024-05-12), the Trailing Annual Dividend Yield of Franklin Universal Trust is 7.49%.

The historical rank and industry rank for Franklin Universal Trust's Dividend Yield % or its related term are showing as below:

FT' s Dividend Yield % Range Over the Past 10 Years
Min: 4.24   Med: 5.49   Max: 9.49
Current: 7.49

During the past 7 years, the highest Dividend Yield of Franklin Universal Trust was 9.49%. The lowest was 4.24%. And the median was 5.49%.

FT's Dividend Yield % is ranked better than
64.03% of 1215 companies
in the Asset Management industry
Industry Median: 5.57 vs FT: 7.49

Franklin Universal Trust's Dividend Payout Ratio for the six months ended in Feb. 2024 was 0.82.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Franklin Universal Trust is 1.16, which seems too high.

During the past 7 years, the highest Dividend Payout Ratio of Franklin Universal Trust was 2.95. The lowest was 0.35. And the median was 0.39.

As of today (2024-05-12), the Forward Dividend Yield % of Franklin Universal Trust is 7.49%.

Franklin Universal Trust's Dividends per Share for the six months ended in Feb. 2024 was $0.26.

During the past 12 months, Franklin Universal Trust's average Dividends Per Share Growth Rate was -10.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.30% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Franklin Universal Trust was 16.30% per year. The lowest was 3.50% per year. And the median was 14.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Franklin Universal Trust Dividend Yield % Historical Data

The historical data trend for Franklin Universal Trust's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Franklin Universal Trust Dividend Yield % Chart

Franklin Universal Trust Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Dividend Yield %
Get a 7-Day Free Trial 5.21 5.49 4.96 6.38 8.45

Franklin Universal Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.14 6.38 7.94 8.45 7.87

Competitive Comparison of Franklin Universal Trust's Dividend Yield %

For the Asset Management subindustry, Franklin Universal Trust's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Franklin Universal Trust's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin Universal Trust's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Franklin Universal Trust's Dividend Yield % falls into.



Franklin Universal Trust Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Franklin Universal Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0425002024-04-162024-04-172024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0425002024-03-182024-03-192024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0425002024-02-162024-02-202024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0425002024-01-182024-01-192024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0425002023-12-152023-12-182023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0425002023-11-162023-11-172023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0425002023-10-132023-10-162023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0425002023-09-152023-09-182023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0425002023-08-162023-08-172023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0425002023-07-192023-07-202023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0425002023-06-162023-06-202023-06-30Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Franklin Universal Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.4675/6.81
=6.86 %

Current Share Price is $6.81.
Franklin Universal Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.4675.

Franklin Universal Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.51/6.81
=7.49 %

Current Share Price is $6.81.
Franklin Universal Trust's Dividends per Share for the forward twelve months is calculated as $0.0425 * 12 = $0.51.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Franklin Universal Trust  (NYSE:FT) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Franklin Universal Trust Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Franklin Universal Trust's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Franklin Universal Trust (Franklin Universal Trust) Business Description

Traded in Other Exchanges
N/A
Address
One Franklin Parkway, San Mateo, CA, USA, 94403-1906
Franklin Universal Trust is a closed-end management investment company. Its primary investment objective is to provide high, current income consistent with the preservation of capital. Its secondary objective is the growth of income through dividend increases and capital appreciation. The fund invests in two asset classes being the high yield bonds and utility stocks.
Executives
Metlife Investment Management, Llc 10 percent owner ONE METLIFE WAY, WHIPPANY NJ 07981
Christine M. Debevec officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Ted P Becker officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
George P. Hoyt officer: VP & Assistant Secretary C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Oliveira Marc De officer: VP & Assistant Secretary C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Alexander Kymn officer: VP & Assistant Secretary WELLS FARGO BANK, 45 FREMONT STREET, 26TH FLOOR, SAN FRANCISCO CA 94105
Harris Goldblat officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Tara E. Gormel officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
J Michael Luttig other: Trustee C/O THE BOEING COMPANY, 100 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606-1596
Christopher Kings officer: CFO, CAO and Treasurer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jeffrey White officer: Interim CFO, CAO and Treasurer 3355 DATA DRIVE, RANCHO CORDOVA CA 95670
Susan Kerr officer: VP - AML Compliance 280 PARK AVENUE, NEW YORK NY 10017
Valerie Williams other: Trustee C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
Robert Kubilis officer: CFO, CAO and Treasurer FRANKLIN TEMPLETON INVESTMENTS, 300 S.E. 2ND STREET, FORT LAUDERDALE FL 33301-1923
Sonal Desai officer: Pres. & CEO - Invest. Mgmt. ONE FRANKLIN PARKWAY, SMO-920/3, SAN MATEO CA 94403