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

Key Points

• Templeton Dragon Fund, Inc. has declared a quarterly dividend of $0.10 per share, with an ex-dividend date set for September 18th and a payment date of September 30th.
• The fund's stock rose by 0.8% to $11.38, with a 52-week range between $7.54 and $11.45.
• Institutional investors hold 47.20% of the fund's shares, with notable new investments from firms like Elequin Capital and XTX Topco Ltd.

Templeton Dragon Fund, Inc. (NYSE:TDF - Get Free Report) declared a quarterly dividend on Monday, September 8th, Wall Street Journal reports. Investors of record on Thursday, September 18th will be paid a dividend of 0.10 per share by the financial services provider on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Thursday, September 18th.

Templeton Dragon Fund Price Performance

NYSE TDF traded down $0.01 during mid-day trading on Friday, reaching $11.53. 98,055 shares of the stock were exchanged, compared to its average volume of 55,661. Templeton Dragon Fund has a one year low of $7.56 and a one year high of $11.61. The stock has a 50 day simple moving average of $10.61 and a 200-day simple moving average of $9.93.

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.