Templeton Dragon Fund, Inc. (NYSE:TDF) Plans $0.12 Semi-annual Dividend

Templeton Dragon Fund, Inc. (NYSE:TDF) announced a semi-annual dividend on Wednesday, August 7th, Wall Street Journal reports. Investors of record on Monday, August 19th will be paid a dividend of 0.1155 per share by the financial services provider on Friday, August 30th. This represents a dividend yield of 3%. The ex-dividend date is Monday, August 19th.

Templeton Dragon Fund Stock Up 1.5 %

Shares of NYSE:TDF traded up $0.12 during midday trading on Thursday, reaching $7.84. 34,208 shares of the company’s stock were exchanged, compared to its average volume of 54,855. The firm’s 50 day simple moving average is $8.04 and its two-hundred day simple moving average is $7.98. Templeton Dragon Fund has a fifty-two week low of $7.15 and a fifty-two week high of $9.68.

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.