Franklin Universal Trust (Franklin Universal Trust) Dividend Payout Ratio : 0.82 (As of Feb. 2024)

View and export this data going back to . Start your Free Trial

What is Franklin Universal Trust Dividend Payout Ratio?

Franklin Universal Trust's dividend payout ratio for the months ended in Feb. 2024 was 0.82.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Franklin Universal Trust is 1.16, which seems too high.

The historical rank and industry rank for Franklin Universal Trust's Dividend Payout Ratio or its related term are showing as below:

FT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.39 Max: 2.95
Current: 1.16

During the past 7 years, the highest Dividend Payout Ratio of Franklin Universal Trust was 2.95. The lowest was 0.35. And the median was 0.39.

FT's Dividend Payout Ratio is ranked worse than
70.87% of 951 companies
in the Asset Management industry
Industry Median: 0.81 vs FT: 1.16

As of today (2024-05-13), the Dividend Yield % of Franklin Universal Trust is 7.45%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Franklin Universal Trust was 9.49%. The lowest was 4.24%. And the median was 5.49%.

Franklin Universal Trust's Dividends per Share for the months ended in Feb. 2024 was $0.26.

During the past 12 months, Franklin Universal Trust's average Dividends Per Share Growth Rate was -10.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.30% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Franklin Universal Trust was 16.30% per year. The lowest was 3.50% per year. And the median was 14.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Franklin Universal Trust Dividend Payout Ratio Historical Data

The historical data trend for Franklin Universal Trust's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Franklin Universal Trust Dividend Payout Ratio Chart

Franklin Universal Trust Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.37

0.35

Franklin Universal Trust Semi-Annual Data
	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Dividend Payout Ratio	Get a 7-Day Free Trial									-	-	-	1.98	0.82

Competitive Comparison of Franklin Universal Trust's Dividend Payout Ratio

For the Asset Management subindustry, Franklin Universal Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Franklin Universal Trust's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin Universal Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Franklin Universal Trust's Dividend Payout Ratio falls into.

Franklin Universal Trust Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Franklin Universal Trust's Dividend Payout Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Aug. 2023 )	/	EPS without NRI (A: Aug. 2023 )
	=	0.571	/	-0.15
	=	N/A

Franklin Universal Trust's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Feb. 2024 )	/	EPS without NRI (Q: Feb. 2024 )
	=	0.255	/	0.31
	=	0.82

Franklin Universal Trust (NYSE:FT) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Franklin Universal Trust Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Franklin Universal Trust's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Franklin Universal Trust (Franklin Universal Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Franklin Universal Trust (NYSE:FT) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Franklin Parkway, San Mateo, CA, USA, 94403-1906

Website

https://www.franklintempleton.com

Franklin Universal Trust is a closed-end management investment company. Its primary investment objective is to provide high, current income consistent with the preservation of capital. Its secondary objective is the growth of income through dividend increases and capital appreciation. The fund invests in two asset classes being the high yield bonds and utility stocks.

Executives

Metlife Investment Management, Llc	10 percent owner	ONE METLIFE WAY, WHIPPANY NJ 07981
Christine M. Debevec	officer: VP & Assistant Secretary	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Ted P Becker	officer: Chief Compliance Officer	399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
George P. Hoyt	officer: VP & Assistant Secretary	C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Oliveira Marc De	officer: VP & Assistant Secretary	C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Alexander Kymn	officer: VP & Assistant Secretary	WELLS FARGO BANK, 45 FREMONT STREET, 26TH FLOOR, SAN FRANCISCO CA 94105
Harris Goldblat	officer: VP & Assistant Secretary	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Tara E. Gormel	officer: VP & Assistant Secretary	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
J Michael Luttig	other: Trustee	C/O THE BOEING COMPANY, 100 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606-1596
Christopher Kings	officer: CFO, CAO and Treasurer	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jeffrey White	officer: Interim CFO, CAO and Treasurer	3355 DATA DRIVE, RANCHO CORDOVA CA 95670
Susan Kerr	officer: VP - AML Compliance	280 PARK AVENUE, NEW YORK NY 10017
Valerie Williams	other: Trustee	C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
Robert Kubilis	officer: CFO, CAO and Treasurer	FRANKLIN TEMPLETON INVESTMENTS, 300 S.E. 2ND STREET, FORT LAUDERDALE FL 33301-1923
Sonal Desai	officer: Pres. & CEO - Invest. Mgmt.	ONE FRANKLIN PARKWAY, SMO-920/3, SAN MATEO CA 94403