Templeton Global Income Fund (GIM) Announces Monthly Dividend of $0.02
Templeton Global Income Fund (NYSE:GIM) announced a monthly dividend on Thursday, February 1st, Zacks reports. Investors of record on Thursday, February 15th will be given a dividend of 0.018 per share by the financial services provider on Wednesday, February 28th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date is Wednesday, February 14th.
Templeton Global Income Fund has decreased its dividend payment by an average of 4.8% per year over the last three years.
Shares of Templeton Global Income Fund (NYSE:GIM) opened at $6.43 on Tuesday. Templeton Global Income Fund has a 1 year low of $6.30 and a 1 year high of $6.77.
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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