Templeton Dragon Fund, Inc. Announces Quarterly Dividend of $0.10 (NYSE:TDF)

Templeton Dragon Fund, Inc. (NYSE:TDF) declared a quarterly dividend on Monday, June 9th, Wall Street Journal reports. Shareholders of record on Monday, June 16th will be paid a dividend of 0.10 per share by the financial services provider on Monday, June 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date of this dividend is Monday, June 16th.

Templeton Dragon Fund Price Performance

Templeton Dragon Fund stock traded up $0.14 during mid-day trading on Monday, reaching $10.02. 58,705 shares of the company were exchanged, compared to its average volume of 74,230. The company has a fifty day simple moving average of $9.28 and a 200-day simple moving average of $9.09. Templeton Dragon Fund has a 12 month low of $7.49 and a 12 month high of $10.41.

Templeton Dragon Fund Company Profile

Templeton Dragon Fund, Inc is a closed ended equity mutual fund launched by Franklin Resources, Inc The fund is managed by Templeton Asset Management Ltd. It invests in the public equity markets of China. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies.