Uncommon Cents Investing LLC Boosts Holdings in Templeton Dragon Fund, Inc. $TDF

Uncommon Cents Investing LLC increased its stake in Templeton Dragon Fund, Inc. (NYSE:TDF) by 4.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 528,240 shares of the financial services provider’s stock after purchasing an additional 20,830 shares during the period. Templeton Dragon Fund makes up 1.4% of Uncommon Cents Investing LLC’s holdings, making the stock its 10th biggest holding. Uncommon Cents Investing LLC owned 2.08% of Templeton Dragon Fund worth $5,277,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the company. XTX Topco Ltd acquired a new position in Templeton Dragon Fund in the first quarter valued at approximately $100,000. Diversified Enterprises LLC purchased a new stake in shares of Templeton Dragon Fund in the 2nd quarter valued at about $113,000. Dakota Wealth Management raised its holdings in shares of Templeton Dragon Fund by 7.0% in the 1st quarter. Dakota Wealth Management now owns 17,946 shares of the financial services provider’s stock valued at $174,000 after acquiring an additional 1,173 shares in the last quarter. Almitas Capital LLC raised its holdings in shares of Templeton Dragon Fund by 111.1% during the 1st quarter. Almitas Capital LLC now owns 25,175 shares of the financial services provider’s stock valued at $244,000 after buying an additional 13,250 shares in the last quarter. Finally, Calamos Advisors LLC raised its holdings in shares of Templeton Dragon Fund by 55.1% during the 1st quarter. Calamos Advisors LLC now owns 25,356 shares of the financial services provider’s stock valued at $246,000 after buying an additional 9,007 shares in the last quarter. 47.20% of the stock is owned by institutional investors and hedge funds.

Templeton Dragon Fund Stock Performance

TDF opened at $11.43 on Friday. The stock’s 50 day simple moving average is $10.90 and its 200 day simple moving average is $10.06. Templeton Dragon Fund, Inc. has a 1 year low of $8.07 and a 1 year high of $11.95.

Templeton Dragon Fund Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Thursday, September 18th will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, September 18th. This represents a $0.40 annualized dividend and a dividend yield of 3.5%.

Templeton Dragon Fund Profile

Templeton Dragon Fund, Inc is a closed ended equity mutual fund launched by Franklin Resources, Inc The fund is managed by Templeton Asset Management Ltd. It invests in the public equity markets of China. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies.