Templeton Global Income Fund, Inc. (GIM) Plans Monthly Dividend of $0.01
Templeton Global Income Fund, Inc. (NYSE:GIM) declared a monthly dividend on Friday, September 1st, Wall Street Journal reports. Shareholders of record on Friday, September 15th will be given a dividend of 0.0142 per share by the financial services provider on Friday, September 29th. This represents a $0.17 annualized dividend and a yield of 2.54%. The ex-dividend date is Thursday, September 14th.
Templeton Global Income Fund has decreased its dividend payment by an average of 13.4% per year over the last three years.
Templeton Global Income Fund (NYSE GIM) traded up 0.15% during trading on Friday, reaching $6.70. The company’s stock had a trading volume of 227,340 shares. The firm has a 50 day moving average of $6.68 and a 200 day moving average of $6.66. Templeton Global Income Fund has a 52 week low of $6.01 and a 52 week high of $6.77.
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About Templeton Global Income Fund
Templeton Global Income Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund aims to maximize current income while maintaining prospects for capital appreciation by investing in a diversified portfolio of debt and equity securities worldwide. It seeks income by investing in a portfolio of fixed and floating rate debt securities and debt obligations issued by government and government-related issuers or corporate entities, including in emerging markets, as well as stocks the portfolio manager believes offer attractive dividend yields.
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