Franklin Universal Trust (FT) Receiving Somewhat Favorable Media Coverage, Analysis Finds
News stories about Franklin Universal Trust (NYSE:FT) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 20 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 gave media headlines about the financial services provider an impact score of 47.7658500294601 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Franklin Universal Trust (FT) opened at 7.26 on Friday. Franklin Universal Trust has a one year low of $6.20 and a one year high of $7.39. The firm’s 50-day moving average price is $7.23 and its 200 day moving average price is $7.14.
The firm also recently disclosed a aug 17 dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be given a dividend of $0.032 per share. This represents a dividend yield of 5.33%. The ex-dividend date is Tuesday, August 29th.
About Franklin Universal Trust
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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