Franklin Universal Trust About To Put More Money In Your Pocket (FT)

Looking at the universe of stocks we cover at Dividend Channel, on 8/27/14, Franklin Universal Trust ( FT) will trade ex-dividend, for its monthly dividend of $0.0395, payable on 9/15/14. As a percentage of FT's recent stock price of $7.44, this dividend works out to approximately 0.53%, so look for shares of Franklin Universal Trust to trade 0.53% lower — all else being equal — when FT shares open for trading on 8/27/14.

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Below is a dividend history chart for FT, showing historical dividends prior to the most recent $0.0395 declared by Franklin Universal Trust:

FT+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FT is likely to continue, and whether the current estimated yield of 6.37% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FT shares, versus its 200 day moving average:

Franklin Universal Trust 200 Day Moving Average Chart

Looking at the chart above, FT's low point in its 52 week range is $6.67 per share, with $7.57 as the 52 week high point — that compares with a last trade of $7.44.

In Monday trading, Franklin Universal Trust shares are currently trading flat on the day.

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