Templeton Dragon Fund, Inc. (TDF) To Go Ex-Dividend on December 15th

Templeton Dragon Fund, Inc. (NYSE:TDF) announced a quarterly dividend on Friday, December 5th. Shareholders of record on Monday, December 15th will be given a dividend of 0.10 per share by the financial services provider on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Monday, December 15th.

Templeton Dragon Fund Stock Up 0.0%

Templeton Dragon Fund stock traded up $0.01 during trading on Friday, reaching $11.29. The stock had a trading volume of 74,033 shares, compared to its average volume of 66,869. The business has a 50 day moving average price of $11.39 and a 200 day moving average price of $10.84. Templeton Dragon Fund has a 52-week low of $8.07 and a 52-week high of $12.04.

Institutional Investors Weigh In On Templeton Dragon Fund

Several institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its position in Templeton Dragon Fund by 1.2% in the 3rd quarter. Bank of America Corp DE now owns 251,503 shares of the financial services provider’s stock valued at $2,930,000 after purchasing an additional 3,083 shares during the last quarter. 1607 Capital Partners LLC increased its stake in shares of Templeton Dragon Fund by 111.2% during the third quarter. 1607 Capital Partners LLC now owns 108,318 shares of the financial services provider’s stock worth $1,262,000 after acquiring an additional 57,033 shares during the period. Ameriprise Financial Inc. purchased a new position in shares of Templeton Dragon Fund during the 3rd quarter worth approximately $144,000. Shaker Financial Services LLC boosted its position in shares of Templeton Dragon Fund by 61.9% during the 3rd quarter. Shaker Financial Services LLC now owns 157,589 shares of the financial services provider’s stock worth $1,836,000 after purchasing an additional 60,241 shares in the last quarter. Finally, 180 Wealth Advisors LLC grew its position in Templeton Dragon Fund by 5.7% during the third quarter. 180 Wealth Advisors LLC now owns 260,132 shares of the financial services provider’s stock worth $3,031,000 after buying an additional 14,040 shares during the period. Hedge funds and other institutional investors own 47.20% of the company’s stock.

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.