Media stories about Franklin Universal Trust (NYSE:FT) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Franklin Universal Trust earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 47.6448285086841 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Franklin Universal Trust (NYSE:FT) traded up 0.42% on Friday, reaching $7.22. The company had a trading volume of 15,479 shares. Franklin Universal Trust has a 52 week low of $6.20 and a 52 week high of $7.39. The stock’s 50 day moving average is $7.20 and its 200 day moving average is $7.11.
The company also recently disclosed a aug 17 dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be paid a $0.032 dividend. This represents a yield of 5.33%. The ex-dividend date of this dividend is Tuesday, August 29th.
Franklin Universal Trust Company Profile
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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