TEMPLETON DR FD (NYSE:TDF) declared a semiannual dividend on Monday, August 28th, Wall Street Journal reports. Stockholders of record on Monday, September 11th will be given a dividend of 0.3445 per share by the financial services provider on Monday, September 25th. This represents a dividend yield of 3.09%. The ex-dividend date is Friday, September 8th.

TEMPLETON DR FD has increased its dividend payment by an average of 0.5% per year over the last three years.

TEMPLETON DR FD (NYSE TDF) opened at 22.43 on Thursday. TEMPLETON DR FD has a 12-month low of $16.00 and a 12-month high of $22.45. The stock’s 50 day moving average is $21.54 and its 200 day moving average is $19.79.

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In related news, major shareholder City Of London Investment Grou sold 36,208 shares of the business’s stock in a transaction on Wednesday, July 12th. The shares were sold at an average price of $20.76, for a total value of $751,678.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In the last three months, insiders sold 481,766 shares of company stock valued at $10,423,554.

About TEMPLETON DR FD

Templeton Dragon Fund, Inc is a closed-end management investment company. The Fund invests in certain China A shares, through its investment in China Opportunities Fund, Ltd. (China Fund). It invests in various sectors, including oil, gas and consumable fuels; aerospace and defense; auto components; automobiles; banks; beverages; capital markets; chemicals; communications equipment; construction and engineering; distributors; diversified telecommunication services; electric utilities; electrical equipment; electronic equipment, instruments and components; food and staples retailing; food products; healthcare equipment and supplies; healthcare providers and services; hotels, restaurants and leisure; household durables; insurance; Internet and direct marketing retail; Internet software and services; information technology (IT) services; machinery; marine; media; paper and forest Products, and Pharmaceuticals.

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