News coverage about Franklin Universal Trust (NYSE:FT) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Franklin Universal Trust earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 46.4010592856306 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Franklin Universal Trust (FT) opened at 7.22 on Friday. Franklin Universal Trust has a 52 week low of $6.20 and a 52 week high of $7.39. The stock has a 50 day moving average price of $7.25 and a 200 day moving average price of $7.19.
The firm also recently disclosed a sep 17 dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be issued a dividend of $0.032 per share. This represents a dividend yield of 5.25%. The ex-dividend date is Thursday, September 28th.
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About Franklin Universal Trust
Franklin Universal Trust is a closed-end management investment company. 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. It invests primarily in two asset classes: high yield bonds and utility stocks.
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