← Back to declarations

FT Franklin Universal Trust — distribution yield, history & ex-dividend dates

NYSE· Monthly distribution· Closed-End Fund

$7.26 ▲ $0.02(0.28%) as of Oct 29, 2026 06:20 UTC
Sponsored Advanced charts & data →

Established on September 23, 1988, Franklin Universal Trust operates as a U.S.-domiciled, closed-end balanced mutual fund. It was initiated by Franklin Resources, Inc. and is actively managed by Franklin Advisers, Inc. The fund directs its capital towards the public equity and fixed income markets throughout the United States, specifically focusing its equity investments on the utility sector. Employing fundamental analysis, it constructs a diverse portfolio comprising corporate debt instruments and dividend-yielding utility stocks. For performance evaluation, the trust measures its equity holdings against the S&P 500 Electric Utilities Index, while its fixed income components are benchmarked against the Credit Suisse High Yield.

Distribution Snapshot

StatusFlat
Last Distribution$0.0425Pays Oct 30, 2026
Forward Annual$0.51From the $0.0425 distribution declared Oct 13, 2026
FrequencyMonthly
Last Ex-DateOct 23, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateNov 20, 2026$0.0425, declared Oct 13, 2026The ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.
Next Pay DateNov 30, 2026
1-Yr Growth0.0%Annual totals, 2024–2025
10-Yr Growth0.7%Annual totals, 2015–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

Not Rated

fund scores not yet available

Dividend Growth Score

Not Rated

fund scores not yet available

Dividend Value Score

Not Rated

fund scores not yet available

DividendRank

Not Rated

Safety Score not rated (fund scores not yet available)

Key Metrics

Distribution Yield

7.02%

At the Oct 29, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Distribution

$0.5100

Declared Oct 13, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

M Monthly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

53

As of Oct 29, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$6.95 – $8.33

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio

n/a

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

38

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

0.79

Price as of Oct 25, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score not rated, yield 7.02%.
A Accelerating
Dividend growth has stalled — 0 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
A calendar year's regular dividend total fell more than 20% below the year before.
E Enduring
38 years of dividend payments on record.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume23,800Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$7.26Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$7.17 – $7.26Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$7.28Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$182.46MAs of Oct 29, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out25.13MImplied by market cap, Oct 29, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPSn/aEarnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/En/aPrice-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateOct 23, 2026Pays Oct 30, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateNov 20, 2026Pays Nov 30, 2026; declaredThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Distribution Growth

3-Yr Growth (CAGR)-0.3%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)5.8%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases0 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

Why the Yield Moved (90 Days)

FT's distribution yield rose from 6.44% to 7.02% over the past ~90 days (+0.59 pp). Of that move, +0.00 pp came from changes in the distribution rate and +0.59 pp from the share price ($7.92 on Jul 31, 2026 → $7.26 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current7.02%
1-Yr Average6.45%
Low / High6.12% – 7.34%
Percentile92%

Across 273 daily observations over the past 13 months (through Oct 23, 2026), FT's current yield is higher than approximately 92% of them. Our stored price history for FT covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Distribution History

Distribution Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.0425 M Regular upcoming, declared Oct 13, 2026 Dec 23, 2026 Dec 23, 2026 Dec 31, 2026
$0.0425 M Regular upcoming, declared Oct 13, 2026 Nov 20, 2026 Nov 20, 2026 Nov 30, 2026
$0.0425 M Regular Oct 13, 2026 Oct 23, 2026 Oct 23, 2026 Oct 30, 2026
$0.0425 M Regular Jul 14, 2026 Sep 23, 2026 Sep 23, 2026 Sep 30, 2026
$0.0425 M Regular Jul 14, 2026 Aug 24, 2026 Aug 24, 2026 Aug 31, 2026
$0.0425 M Regular Jul 14, 2026 Jul 24, 2026 Jul 24, 2026 Jul 31, 2026
$0.0425 M Regular Apr 13, 2026 Jun 23, 2026 Jun 23, 2026 Jun 30, 2026
$0.0425 M Regular Apr 13, 2026 May 21, 2026 May 21, 2026 May 29, 2026
$0.0425 M Regular Apr 13, 2026 Apr 23, 2026 Apr 23, 2026 Apr 30, 2026
$0.0425 M Regular Jan 13, 2026 Mar 24, 2026 Mar 24, 2026 Mar 31, 2026
$0.0425 M Regular Jan 13, 2026 Feb 20, 2026 Feb 20, 2026 Feb 27, 2026
$0.0425 M Regular Jan 13, 2026 Jan 23, 2026 Jan 23, 2026 Jan 30, 2026
$0.0425 M Regular Dec 05, 2025 Dec 15, 2025 Dec 15, 2025 Dec 31, 2025
$0.0425 M Regular Nov 07, 2025 Nov 17, 2025 Nov 17, 2025 Nov 28, 2025
$0.0425 M Regular Oct 07, 2025 Oct 17, 2025 Oct 17, 2025 Oct 31, 2025
$0.0425 M Regular Sep 08, 2025 Sep 18, 2025 Sep 18, 2025 Sep 30, 2025
$0.0425 M Regular Aug 07, 2025 Aug 18, 2025 Aug 18, 2025 Aug 29, 2025
$0.0425 M Regular Jul 08, 2025 Jul 18, 2025 Jul 18, 2025 Jul 31, 2025
$0.0425 M Regular Jun 06, 2025 Jun 16, 2025 Jun 16, 2025 Jun 30, 2025
$0.0425 M Regular May 07, 2025 May 19, 2025 May 19, 2025 May 30, 2025
$0.0425 M Regular Apr 07, 2025 Apr 17, 2025 Apr 17, 2025 Apr 30, 2025
$0.0425 M Regular Mar 07, 2025 Mar 17, 2025 Mar 17, 2025 Mar 31, 2025
$0.0425 M Regular Feb 07, 2025 Feb 18, 2025 Feb 18, 2025 Feb 28, 2025
$0.0425 M Regular Jan 08, 2025 Jan 21, 2025 Jan 21, 2025 Jan 31, 2025
$0.0425 M Regular Dec 06, 2024 Dec 16, 2024 Dec 16, 2024 Dec 31, 2024
$0.0425 M Regular Nov 07, 2024 Nov 18, 2024 Nov 18, 2024 Nov 29, 2024
$0.0425 M Regular Oct 07, 2024 Oct 17, 2024 Oct 17, 2024 Oct 31, 2024
$0.0425 M Regular Sep 09, 2024 Sep 19, 2024 Sep 19, 2024 Sep 30, 2024
$0.0425 M Regular Aug 07, 2024 Aug 19, 2024 Aug 19, 2024 Aug 30, 2024
$0.0425 M Regular Jul 08, 2024 Jul 18, 2024 Jul 18, 2024 Jul 31, 2024
$0.0425 M Regular Jun 07, 2024 Jun 18, 2024 Jun 18, 2024 Jun 28, 2024
$0.0425 M Regular May 07, 2024 May 16, 2024 May 17, 2024 May 31, 2024
$0.0425 M Regular Apr 05, 2024 Apr 16, 2024 Apr 17, 2024 Apr 30, 2024
$0.0425 M Regular Mar 07, 2024 Mar 18, 2024 Mar 19, 2024 Mar 28, 2024
$0.0425 M Regular Feb 07, 2024 Feb 16, 2024 Feb 20, 2024 Feb 29, 2024
$0.0425 M Regular Jan 08, 2024 Jan 18, 2024 Jan 19, 2024 Jan 31, 2024
$0.0425 M Regular Dec 07, 2023 Dec 15, 2023 Dec 18, 2023 Dec 29, 2023
$0.0425 M Regular Nov 07, 2023 Nov 16, 2023 Nov 17, 2023 Nov 30, 2023
$0.0425 M Regular Oct 06, 2023 Oct 13, 2023 Oct 16, 2023 Oct 31, 2023
$0.0425 M Regular Sep 08, 2023 Sep 15, 2023 Sep 18, 2023 Sep 29, 2023
$0.0425 M Regular Aug 07, 2023 Aug 16, 2023 Aug 17, 2023 Aug 31, 2023
$0.0425 M Regular Jul 10, 2023 Jul 19, 2023 Jul 20, 2023 Jul 31, 2023
$0.0425 M Regular Jun 07, 2023 Jun 16, 2023 Jun 20, 2023 Jun 30, 2023
$0.0425 M Regular May 05, 2023 May 12, 2023 May 15, 2023 May 31, 2023
$0.0425 M Regular Apr 10, 2023 Apr 19, 2023 Apr 20, 2023 Apr 28, 2023
$0.0425 M Regular Mar 07, 2023 Mar 16, 2023 Mar 17, 2023 Mar 31, 2023
$0.0430 M Regular Feb 07, 2023 Feb 16, 2023 Feb 17, 2023 Feb 28, 2023
$0.0425 M Regular Jan 09, 2023 Jan 18, 2023 Jan 19, 2023 Jan 31, 2023
$0.1040 M Regular Dec 07, 2022 Dec 16, 2022 Dec 19, 2022 Dec 30, 2022
$0.0425 M Regular Nov 07, 2022 Nov 16, 2022 Nov 17, 2022 Nov 30, 2022
$0.0430 M Regular Oct 07, 2022 Oct 14, 2022 Oct 17, 2022 Oct 31, 2022
$0.0430 M Regular Sep 08, 2022 Sep 16, 2022 Sep 19, 2022 Sep 30, 2022
$0.0430 M Regular Aug 05, 2022 Aug 12, 2022 Aug 15, 2022 Aug 31, 2022
$0.0430 M Regular Jul 08, 2022 Jul 15, 2022 Jul 18, 2022 Jul 29, 2022
$0.0430 M Regular Jun 07, 2022 Jun 16, 2022 Jun 17, 2022 Jun 30, 2022
$0.0430 M Regular May 06, 2022 May 13, 2022 May 16, 2022 May 31, 2022
$0.0430 M Regular Apr 07, 2022 Apr 14, 2022 Apr 18, 2022 Apr 29, 2022
$0.0430 M Regular Mar 07, 2022 Mar 16, 2022 Mar 17, 2022 Mar 31, 2022
$0.0430 M Regular Feb 07, 2022 Feb 16, 2022 Feb 17, 2022 Feb 28, 2022
$0.0430 M Regular Jan 07, 2022 Jan 14, 2022 Jan 18, 2022 Jan 31, 2022
$0.0820 M Regular Dec 21, 2021 Dec 30, 2021 Dec 31, 2021 Jan 14, 2022
$0.0430 M Regular Nov 19, 2021 Nov 29, 2021 Nov 30, 2021 Dec 15, 2021
$0.0430 M Regular Oct 19, 2021 Oct 28, 2021 Oct 29, 2021 Nov 15, 2021
$0.0430 M Regular Sep 20, 2021 Sep 29, 2021 Sep 30, 2021 Oct 15, 2021
$0.0430 M Regular Aug 20, 2021 Aug 30, 2021 Aug 31, 2021 Sep 15, 2021
$0.0430 M Regular Jul 20, 2021 Jul 29, 2021 Jul 30, 2021 Aug 13, 2021
$0.0430 M Regular Jun 18, 2021 Jun 29, 2021 Jun 30, 2021 Jul 15, 2021
$0.0425 M Regular May 18, 2021 May 27, 2021 May 28, 2021 Jun 15, 2021
$0.0320 M Regular Apr 20, 2021 Apr 29, 2021 Apr 30, 2021 May 14, 2021
$0.0320 M Regular Mar 19, 2021 Mar 30, 2021 Mar 31, 2021 Apr 15, 2021
$0.0320 M Regular Feb 16, 2021 Feb 25, 2021 Feb 26, 2021 Mar 15, 2021
$0.0320 M Regular Jan 19, 2021 Jan 28, 2021 Jan 29, 2021 Feb 12, 2021
$0.0320 M Regular Dec 21, 2020 Dec 30, 2020 Dec 31, 2020 Jan 15, 2021
$0.0320 M Regular Nov 20, 2020 Nov 27, 2020 Nov 30, 2020 Dec 15, 2020
$0.0320 M Regular Oct 20, 2020 Oct 29, 2020 Oct 30, 2020 Nov 13, 2020
$0.0320 M Regular Sep 18, 2020 Sep 29, 2020 Sep 30, 2020 Oct 15, 2020
$0.0320 M Regular Aug 21, 2020 Aug 28, 2020 Aug 31, 2020 Sep 15, 2020
$0.0320 M Regular Jul 21, 2020 Jul 30, 2020 Jul 31, 2020 Aug 14, 2020
$0.0320 M Regular Jun 19, 2020 Jun 29, 2020 Jun 30, 2020 Jul 15, 2020
$0.0320 M Regular May 19, 2020 May 28, 2020 May 29, 2020 Jun 15, 2020
$0.0320 M Regular Apr 20, 2020 Apr 29, 2020 Apr 30, 2020 May 15, 2020
$0.0320 M Regular Mar 20, 2020 Mar 30, 2020 Mar 31, 2020 Apr 15, 2020
$0.0320 M Regular Feb 18, 2020 Feb 27, 2020 Feb 28, 2020 Mar 13, 2020
$0.0320 M Regular Jan 21, 2020 Jan 30, 2020 Jan 31, 2020 Feb 14, 2020
$0.0320 M Regular Dec 20, 2019 Dec 30, 2019 Dec 31, 2019 Jan 15, 2020
$0.0320 M Regular Nov 19, 2019 Nov 27, 2019 Nov 29, 2019 Dec 13, 2019
$0.0320 M Regular Oct 21, 2019 Oct 30, 2019 Oct 31, 2019 Nov 15, 2019
$0.0320 M Regular Sep 20, 2019 Sep 27, 2019 Sep 30, 2019 Oct 15, 2019
$0.0320 M Regular Aug 20, 2019 Aug 29, 2019 Aug 30, 2019 Sep 13, 2019
$0.0320 M Regular Jul 18, 2019 Jul 30, 2019 Jul 31, 2019 Aug 15, 2019
$0.0320 M Regular Jun 18, 2019 Jun 27, 2019 Jun 28, 2019 Jul 15, 2019
$0.0320 M Regular May 17, 2019 May 30, 2019 May 31, 2019 Jun 14, 2019
$0.0320 M Regular Apr 17, 2019 Apr 29, 2019 Apr 30, 2019 May 15, 2019
$0.0320 M Regular Mar 18, 2019 Mar 28, 2019 Mar 29, 2019 Apr 15, 2019
$0.0320 M Regular Feb 14, 2019 Feb 27, 2019 Feb 28, 2019 Mar 15, 2019
$0.0320 M Regular Jan 17, 2019 Jan 30, 2019 Jan 31, 2019 Feb 15, 2019
$0.0320 M Regular Dec 20, 2018 Dec 28, 2018 Dec 31, 2018 Jan 15, 2019
$0.0320 M Regular Nov 16, 2018 Nov 29, 2018 Nov 30, 2018 Dec 14, 2018
$0.0320 M Regular Oct 18, 2018 Oct 30, 2018 Oct 31, 2018 Nov 15, 2018
$0.0320 M Regular Sep 18, 2018 Sep 27, 2018 Sep 28, 2018 Oct 15, 2018
$0.0320 M Regular Aug 13, 2018 Aug 30, 2018 Aug 31, 2018 Sep 14, 2018
$0.0320 M Regular Jul 19, 2018 Jul 30, 2018 Jul 31, 2018 Aug 15, 2018
$0.0320 M Regular Jun 15, 2018 Jun 28, 2018 Jun 29, 2018 Jul 13, 2018
$0.0320 M Regular May 18, 2018 May 30, 2018 May 31, 2018 Jun 15, 2018
$0.0320 M Regular Apr 18, 2018 Apr 27, 2018 Apr 30, 2018 May 15, 2018
$0.0320 M Regular Mar 15, 2018 Mar 28, 2018 Mar 29, 2018 Apr 13, 2018
$0.0320 M Regular Feb 15, 2018 Feb 27, 2018 Feb 28, 2018 Mar 15, 2018
$0.0320 M Regular Jan 17, 2018 Jan 30, 2018 Jan 31, 2018 Feb 15, 2018
$0.0320 M Regular Dec 15, 2017 Dec 28, 2017 Dec 29, 2017 Jan 12, 2018
$0.0320 M Regular Nov 16, 2017 Nov 29, 2017 Nov 30, 2017 Dec 15, 2017
$0.0320 M Regular Oct 19, 2017 Oct 30, 2017 Oct 31, 2017 Nov 15, 2017
$0.0320 M Regular Sep 18, 2017 Sep 28, 2017 Sep 29, 2017 Oct 13, 2017
$0.0320 M Regular Aug 15, 2017 Aug 29, 2017 Aug 31, 2017 Sep 15, 2017
$0.0320 M Regular Jul 17, 2017 Jul 27, 2017 Jul 31, 2017 Aug 15, 2017
$0.0320 M Regular Jun 15, 2017 Jun 28, 2017 Jun 30, 2017 Jul 14, 2017
$0.0320 M Regular May 18, 2017 May 26, 2017 May 31, 2017 Jun 15, 2017
$0.0320 M Regular Apr 19, 2017 Apr 26, 2017 Apr 28, 2017 May 15, 2017
$0.0320 M Regular Mar 20, 2017 Mar 29, 2017 Mar 31, 2017 Apr 13, 2017
$0.0320 M Regular Feb 16, 2017 Feb 24, 2017 Feb 28, 2017 Mar 15, 2017
$0.0320 M Regular Jan 19, 2017 Jan 27, 2017 Jan 31, 2017 Feb 15, 2017

Peer Comparison

Selected closed-end fund distribution payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
NMMRF Nomura Real Estate Master Fund, Inc. 4.60% -4.3% 1 yr 63
ACNDF CapitaLand India Trust 4.82% 7.3% 1 yr 61
FREVS First Real Estate Investment Trust of New Jersey, Inc. 2.12% N/A 2 yrs 47
FCXXF First Capital Real Estate Investment Trust 3.92% -0.1% 1 yr 44

FT dividend — frequently asked questions

Does Franklin Universal Trust pay a dividend?

Yes. Franklin Universal Trust (FT) currently pays a dividend. The annualized dividend is about $0.51 per share, a yield of approximately 7.02%.

What is Franklin Universal Trust's dividend yield?

Franklin Universal Trust's dividend yield is approximately 7.02%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Franklin Universal Trust pay dividends?

Franklin Universal Trust pays dividends monthly — 12 times per year.

When is Franklin Universal Trust's next ex-dividend date?

The next declared ex-dividend date for Franklin Universal Trust is November 20, 2026. The associated payment is $0.0425 per share; you must own the shares before the ex-dividend date to receive it.

How long has Franklin Universal Trust paid dividends?

Franklin Universal Trust has 38 years of dividend payments on record.

Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.