Templeton Global Income Fund, Inc. (NYSE:GIM) announced a monthly dividend on Monday, June 3rd, NASDAQ reports. Investors of record on Friday, June 14th will be paid a dividend of 0.035 per share by the financial services provider on Friday, June 28th. This represents a $0.42 dividend on an annualized basis and a yield of 6.66%. The ex-dividend date is Thursday, June 13th. This is an increase from Templeton Global Income Fund’s previous monthly dividend of $0.03.
GIM stock traded up $0.01 during midday trading on Wednesday, hitting $6.31. The stock had a trading volume of 51,299 shares, compared to its average volume of 309,956. Templeton Global Income Fund has a 12-month low of $5.95 and a 12-month high of $6.53.
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About Templeton Global Income Fund
Templeton Global Income Fund is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc It is managed by Franklin Advisers, Inc The fund invests in fixed income markets across the globe. It primarily invests in government bonds. The fund is actively managed. It benchmarks the performance of its portfolio against the J.P.
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