FT Franklin Universal Trust — distribution yield, history & ex-dividend dates
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
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.
Not Rated
Not Rated
Not Rated
Not Rated
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
Quote & Key Data
Distribution Growth
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
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.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| 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 |
Related Guides & Lists
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.