About Franklin Universal Trust (NYSE:FT)
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. Within utility portion of portfolio, it focuses on companies with attractive dividend yields and with history of increasing their dividends. It invests in various industrial sectors, such as energy; materials; transportation; utilities; automobiles and components; banks; capital goods; commercial and professional services; consumer durables and apparel; food, beverage and tobacco; healthcare equipment and services; media; real estate; software and services; technology hardware and equipment; pharmaceuticals, biotechnology and life sciences, and telecommunication services. Franklin Advisers, Inc. is its investment manager.
Industry, Sector and Symbol:
- Industry: Closed End Funds
- Sub-Industry: N/A
- Sector: Finance
- Symbol: NYSE:FT
- CUSIP: N/A
- Web: N/A
- Annual Dividend: $0.38
- Dividend Yield: 5.3%
- Outstanding Shares: 25,130,000
Frequently Asked Questions for Franklin Universal Trust (NYSE:FT)
What is Franklin Universal Trust's stock symbol?
Franklin Universal Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "FT."
How often does Franklin Universal Trust pay dividends? What is the dividend yield for Franklin Universal Trust?
Franklin Universal Trust announced a monthly dividend on Friday, November 17th. Shareholders of record on Thursday, November 30th will be given a dividend of $0.032 per share on Friday, December 15th. This represents a $0.38 dividend on an annualized basis and a yield of 5.31%. The ex-dividend date of this dividend is Wednesday, November 29th. View Franklin Universal Trust's Dividend History.
Who are some of Franklin Universal Trust's key competitors?
Some companies that are related to Franklin Universal Trust include Gladstone Investment Corporation (GAIN), Eagle Point Credit Company (ECC), TICC Capital Corp. (TICC), Medley Capital Corporation (MCC), THL Credit (TCRD), Solar Senior Capital (SUNS), WhiteHorse Finance (WHF), Gladstone Capital Corporation (GLAD), Fifth Street Senior Floating Rate Corp. (OCSI), Oxford Lane Capital Corp. (OXLC), TriplePoint Venture Growth BDC Corp. (TPVG), Invesco Bond Fund (VBF), Center Coast MLP & Infrastructure Fund (CEN), Stellus Capital Investment Corporation (SCM), Kayne Anderson Energy Development (KED), OFS Capital Corporation (OFS), BlackRock LT Municipal Advantage Trust (BTA) and GSV Capital Corp (GSVC).
Who are Franklin Universal Trust's key executives?
Franklin Universal Trust's management team includes the folowing people:
- Rupert H. Johnson Jr., Chairman of the Board of Trustee, Senior Vice President (Age 77)
- Edward B. Jamieson, President, Chief Executive Officer â€“ Investment Management (Age 68)
- Gaston R. Gardey, Chief Financial Officer, Chief Accounting Officer, Treasurer (Age 49)
- Laura F. Fergerson, Chief Executive Officer - Finance and Administration (Age 55)
- Robert C. Rosselot, Chief Compliance Officer (Age 57)
- Karen L. Skidmore, Vice President, Secretary (Age 65)
- Alison E. Baur, Vice President (Age 53)
- Aliya S. Gordon, Vice President (Age 44)
- Steven J. Gray, Vice President (Age 62)
- Selena L. Holmes, Vice President - AML Compliance (Age 52)
Who owns Franklin Universal Trust stock?
Franklin Universal Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Advisors Asset Management Inc. (2.70%), Wells Fargo & Company MN (1.00%), Stifel Financial Corp (0.77%), Deschutes Portfolio Strategy LLC (0.00%), Shaker Financial Services LLC (0.30%) and Wedbush Securities Inc. (0.00%). View Institutional Ownership Trends for Franklin Universal Trust.
Who sold Franklin Universal Trust stock? Who is selling Franklin Universal Trust stock?
Who bought Franklin Universal Trust stock? Who is buying Franklin Universal Trust stock?
How do I buy Franklin Universal Trust stock?
Shares of Franklin Universal Trust can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Franklin Universal Trust's stock price today?
One share of Franklin Universal Trust stock can currently be purchased for approximately $7.23.
How big of a company is Franklin Universal Trust?
Franklin Universal Trust has a market capitalization of $181.96 million.
MarketBeat Community Rating for Franklin Universal Trust (NYSE FT)MarketBeat's community ratings are surveys of what our community members think about Franklin Universal Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Franklin Universal Trust (NYSE:FT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for Franklin Universal Trust (NYSE:FT)
Analysts' Ratings History for Franklin Universal Trust (NYSE:FT)
(Data available from 11/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/18/2016||Morgan Stanley||Downgrade||Overweight -> Equal Weight||N/A|
Earnings History for Franklin Universal Trust (NYSE:FT)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Franklin Universal Trust (NYSE:FT)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Franklin Universal Trust (NYSE:FT)
|Dividend Growth:||-1.10% (3 Year Average)|
Dividend History by Quarter for Franklin Universal Trust (NYSE FT)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Franklin Universal Trust (NYSE FT)
Insider Ownership Percentage: 7.79%
Institutional Ownership Percentage: 14.98%
Insider Trades by Quarter for Franklin Universal Trust (NYSE FT)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/9/2016||Larry D Thompson||Insider||Buy||1,544||$6.53||$10,082.32|| |
Latest Headlines for Franklin Universal Trust (NYSE FT)
Franklin Universal Trust (NYSE FT) Chart for Tuesday, November, 21, 2017