FT Dividends
Franklin Universal Trust (FT) pays $0.51 in dividends per share, with a current dividend yield of 6.38%.
FT Dividend Summary
6.38%
$0.51
19.02%
59.77%
Consecutive Years
0
Most Recent Ex-Date
Jun 23, 2026
Next Payment Date
Jun 30, 2026
FT Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
FT Dividends CAGR Chart
Franklin Universal Trust (FT)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $0.26 | — |
| 2025 | $0.51 | +0.00% |
| 2024 | $0.51 | -0.10% |
| 2023 | $0.51 | -11.45% |
| 2022 | $0.58 | +12.93% |
| 2021 | $0.51 | +32.94% |
| 2020 | $0.38 | +0.00% |
| 2019 | $0.38 | +0.00% |
| 2018 | $0.38 | +0.00% |
| 2017 | $0.38 | -12.03% |
| 2016 | $0.44 | -7.91% |
| 2015 | $0.47 | N/A |
| 2014 | $0.51 | N/A |
| 2013 | $0.46 | +0.99% |
| 2012 | $0.46 | +0.00% |
| 2011 | $0.46 | +0.00% |
| 2010 | $0.46 | +0.00% |
| 2009 | $0.46 | +0.00% |
| 2008 | $0.46 | +0.00% |
| 2007 | $0.46 | +0.00% |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q2 2026 | $0.13 | +0.00% |
| Q1 2026 | $0.13 | +0.00% |
| Q4 2025 | $0.13 | +0.00% |
| Q3 2025 | $0.13 | +0.00% |
| Q2 2025 | $0.13 | +0.00% |
| Q1 2025 | $0.13 | +0.00% |
| Q4 2024 | $0.13 | +0.00% |
| Q3 2024 | $0.13 | +0.00% |
| Q2 2024 | $0.13 | +0.00% |
| Q1 2024 | $0.13 | -0.39% |
| Q4 2023 | $0.13 | -32.72% |
| Q3 2023 | $0.13 | -1.16% |
| Q2 2023 | $0.13 | -1.16% |
| Q1 2023 | $0.13 | -0.78% |
| Q4 2022 | $0.19 | +12.80% |
| Q3 2022 | $0.13 | +0.00% |
| Q2 2022 | $0.13 | +9.79% |
| Q1 2022 | $0.13 | +34.38% |
| Q4 2021 | $0.17 | +75.00% |
| Q3 2021 | $0.13 | +34.38% |
| Q2 2021 | $0.12 | +22.40% |
| Q1 2021 | $0.10 | +0.00% |
| Q4 2020 | $0.10 | +0.00% |
| Q3 2020 | $0.10 | +0.00% |
Dividend Yield Metrics
- Current Yield
- 6.38%
- Average Yield (TTM)
- 6.38%
- Average Yield (3Y)
- 6.39%
- Forward Yield on Cost (3Y)
- 6.38%
- Forward Yield on Cost (5Y)
- 6.37%
- Forward Yield on Cost (10Y)
- 6.36%
Payout Ratio Analysis
- Payout Ratio (Current)
- 19.02%
- FCF Payout Ratio
- 59.77%
- Payout Ratio (3Y Avg)
- 48.70%
- Payout Ratio (5Y Avg)
- 96.30%
- FCF Payout (3Y Avg)
- 102.27%
- FCF Payout (5Y Avg)
- 102.80%
An FCF payout above 100% means dividends exceeded the period's free cash flow, often because of temporarily depressed FCF (one-off capex or working-capital swings) rather than an unfunded dividend. Compare against the earnings payout ratio and the multi-year trend before drawing a conclusion.
Dividend Coverage
About Franklin Universal Trust
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.
- Sector
- Financial Services
- Industry
- Asset Management
- CEO
- Rupert Harris Johnson Jr.