Templeton Dragon Fund, Inc. (NYSE:TDF – Get Free Report) announced a — dividend on Monday, March 10th, Wall Street Journal reports. Investors of record on Monday, March 17th will be paid a dividend of 0.10 per share by the financial services provider on Monday, March 31st. This represents a yield of 2.2%. The ex-dividend date is Monday, March 17th.
Templeton Dragon Fund has decreased its dividend payment by an average of 63.6% per year over the last three years.
Templeton Dragon Fund Price Performance
NYSE TDF traded down $0.23 during trading on Monday, hitting $9.57. 83,446 shares of the company’s stock traded hands, compared to its average volume of 66,971. Templeton Dragon Fund has a 12-month low of $7.49 and a 12-month high of $10.41. The business has a 50 day moving average of $8.87 and a 200-day moving average of $8.68.
About Templeton Dragon Fund
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.
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