Dividend Payout Ratio: 19.02%
Is the dividend payout ratio high or low?
The dividend payout ratio of 19.02% is 71% below its 5-year average of 65.53%, near the low end of its 5-year range (17.43%–264.52%).
As of Thursday, June 25, 2026. 17.42% below its 12-month average of 23.03%.
Dividend Payout Ratio (19.02%) = TTM Dividends/Share ($0.51) / TTM EPS ($2.68)
FT Dividend Payout Ratio (TTM) Chart
FT Average Dividend Payout Ratio Chart
FT Current vs Average Dividend Payout Ratio Chart
FT Dividend Payout Ratio Metrics
DIVIDEND PAYOUT RATIO
19.02%
DIVIDEND PAYOUT RATIO AVG TTM
23.03%
DIVIDEND PAYOUT RATIO AVG 3Y
29.09%
DIVIDEND PAYOUT RATIO AVG 5Y
39.32%
DIVIDEND PAYOUT RATIO AVG 10Y
36.52%
DIVIDEND PAYOUT RATIO AVG 15Y
33.33%
DIVIDEND PAYOUT RATIO AVG 20Y
34.41%
CURRENT VS TTM AVG
-17.42%
CURRENT VS 3Y AVG
-34.61%
CURRENT VS 5Y AVG
-51.62%
CURRENT VS 10Y AVG
-47.92%
CURRENT VS 15Y AVG
-42.94%
CURRENT VS 20Y AVG
-44.72%
Annual Payout Ratio History
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $0.76 | $0.51 | 67.1% |
| 2024 | $1.36 | $0.51 | 37.5% |
| 2023 | ($0.15) | $0.51 | N/A (Loss) |
| 2022 | ($0.29) | $0.58 | N/A (Loss) |
| 2021 | $1.23 | $0.51 | 41.5% |
| 2020 | ($0.06) | $0.38 | N/A (Loss) |
| 2019 | $0.96 | $0.38 | 40.0% |
| 2018 | $0.13 | $0.38 | 295.4% |
| 2017 | $0.95 | $0.38 | 40.4% |
| 2016 | $1.02 | $0.44 | 42.8% |
| 2015 | ($0.76) | $0.47 | N/A (Loss) |
| 2014 | $1.21 | $0.51 | 42.6% |
| 2013 | $0.60 | $0.46 | 76.7% |
| 2012 | $1.05 | $0.46 | 43.4% |
| 2011 | $0.76 | $0.46 | 60.0% |
| 2010 | $1.17 | $0.46 | 39.0% |
| 2009 | ($0.65) | $0.46 | N/A (Loss) |
| 2008 | ($0.01) | $0.46 | N/A (Loss) |
| 2007 | $0.78 | $0.46 | 58.5% |
| 2006 | $0.41 | $0.46 | 111.2% |
| 2005 | $1.05 | $0.42 | 40.0% |
| 2004 | $1.17 | $0.36 | 30.8% |
| 2003 | $1.04 | $0.40 | 38.1% |
| 2002 | ($1.40) | $0.74 | N/A (Loss) |
| 2001 | ($0.09) | $0.80 | N/A (Loss) |
Dividend Payout Ratio Formula & Definition
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Dividend Payout Ratio FAQ
- What is the dividend payout ratio for Franklin Universal Trust (FT)?
- The dividend payout ratio for FT stock is 19.02%.
- Is Franklin Universal Trust's dividend payout ratio high or low?
- The dividend payout ratio of 19.02% is 71% below its 5-year average of 65.53%, near the low end of its 5-year range (17.43%–264.52%).
- What is the TTM average dividend payout ratio for Franklin Universal Trust (FT)?
- The TTM average dividend payout ratio for FT stock is 23.03%.
- What is the 3Y average dividend payout ratio for Franklin Universal Trust (FT)?
- The 3Y average dividend payout ratio for FT stock is 29.09%.
- What is the 5Y average dividend payout ratio for Franklin Universal Trust (FT)?
- The 5Y average dividend payout ratio for FT stock is 39.32%.
- What is the 10Y average dividend payout ratio for Franklin Universal Trust (FT)?
- The 10Y average dividend payout ratio for FT stock is 36.52%.
- What is the 15Y average dividend payout ratio for Franklin Universal Trust (FT)?
- The 15Y average dividend payout ratio for FT stock is 33.33%.
- What is the 20Y average dividend payout ratio for Franklin Universal Trust (FT)?
- The 20Y average dividend payout ratio for FT stock is 34.41%.
FT Dividend Payout Ratio History
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-06-24 | 19.02% |
| 2026-06-22 | 17.45% |
| 2026-06-17 | 17.45% |
| 2026-06-15 | 19.05% |
| 2026-06-11 | 19.05% |
| 2026-06-09 | 19.06% |
| 2026-06-05 | 19.04% |
| 2026-06-03 | 19.01% |
| 2026-06-01 | 19.01% |
| 2026-05-28 | 19.03% |
| 2026-05-26 | 19.02% |
| 2026-05-21 | 19.06% |
| 2026-05-19 | 17.43% |
| 2026-05-15 | 19.03% |
| 2026-05-13 | 19.02% |
| 2026-05-11 | 19.01% |
| 2026-05-07 | 19.02% |
| 2026-05-05 | 19.01% |
| 2026-05-01 | 19.02% |
| 2026-04-29 | 19.01% |
| 2026-04-27 | 19.03% |
| 2026-04-23 | 19.02% |
| 2026-04-21 | 17.45% |
| 2026-04-17 | 17.45% |
| 2026-04-15 | 19.02% |
| 2026-04-13 | 19.00% |
| 2026-04-09 | 19.00% |
| 2026-04-07 | 19.04% |
| 2026-04-02 | 19.01% |
| 2026-03-31 | 19.04% |
| 2026-03-27 | 19.06% |
| 2026-03-25 | 19.04% |
| 2026-03-23 | 17.47% |
| 2026-03-19 | 17.44% |
| 2026-03-17 | 17.45% |
| 2026-03-13 | 19.01% |
| 2026-03-11 | 19.00% |
| 2026-03-09 | 19.03% |
| 2026-03-05 | 19.00% |
| 2026-03-03 | 19.06% |
| 2026-02-27 | 19.01% |
| 2026-02-25 | 23.96% |
| 2026-02-23 | 23.92% |
| 2026-02-19 | 21.96% |
| 2026-02-17 | 23.96% |
| 2026-02-12 | 23.96% |
| 2026-02-10 | 23.97% |
| 2026-02-06 | 23.96% |
| 2026-02-04 | 23.96% |
| 2026-02-02 | 23.96% |
| 2026-01-29 | 23.95% |
| 2026-01-27 | 23.92% |
| 2026-01-23 | 23.94% |
| 2026-01-21 | 21.94% |
| 2026-01-16 | 23.93% |
| 2026-01-14 | 23.93% |
| 2026-01-12 | 23.91% |
| 2026-01-08 | 23.93% |
| 2026-01-06 | 23.93% |
| 2026-01-02 | 23.97% |
| 2025-12-30 | 23.97% |
| 2025-12-26 | 23.94% |
| 2025-12-23 | 23.94% |
| 2025-12-19 | 23.95% |
| 2025-12-17 | 23.93% |
| 2025-12-15 | 25.91% |
| 2025-12-11 | 23.93% |
| 2025-12-09 | 23.92% |
| 2025-12-05 | 23.97% |
| 2025-12-03 | 23.92% |
| 2025-12-01 | 23.93% |
| 2025-11-26 | 23.94% |
| 2025-11-24 | 23.92% |
| 2025-11-20 | 23.97% |
| 2025-11-18 | 23.94% |
| 2025-11-14 | 23.93% |
| 2025-11-12 | 23.93% |
| 2025-11-10 | 23.95% |
| 2025-11-06 | 23.96% |
| 2025-11-04 | 23.97% |
| 2025-10-31 | 23.94% |
| 2025-10-29 | 23.92% |
| 2025-10-27 | 23.97% |
| 2025-10-23 | 23.94% |
| 2025-10-21 | 23.91% |
| 2025-10-17 | 23.93% |
| 2025-10-15 | 23.93% |
| 2025-10-13 | 23.96% |
| 2025-10-09 | 23.96% |
| 2025-10-07 | 23.95% |
| 2025-10-03 | 23.97% |
| 2025-10-01 | 23.94% |
| 2025-09-29 | 23.97% |
| 2025-09-25 | 23.94% |
| 2025-09-23 | 23.91% |
| 2025-09-19 | 23.97% |
| 2025-09-17 | 23.94% |
| 2025-09-15 | 23.92% |
| 2025-09-11 | 23.93% |
| 2025-09-09 | 23.95% |
| 2025-09-05 | 23.96% |
| 2025-09-03 | 23.92% |
| 2025-08-29 | 28.17% |
| 2025-08-27 | 28.18% |
| 2025-08-25 | 28.18% |
| 2025-08-21 | 28.17% |
| 2025-08-19 | 28.19% |
| 2025-08-15 | 28.16% |
| 2025-08-13 | 28.16% |
| 2025-08-11 | 28.16% |
| 2025-08-07 | 28.18% |
| 2025-08-05 | 28.20% |
| 2025-08-01 | 28.17% |
| 2025-07-30 | 28.14% |
| 2025-07-28 | 28.20% |
| 2025-07-24 | 28.14% |
| 2025-07-22 | 28.20% |
| 2025-07-18 | 28.19% |
| 2025-07-16 | 28.20% |
| 2025-07-14 | 28.17% |
| 2025-07-10 | 28.16% |
| 2025-07-08 | 28.15% |
| 2025-07-03 | 28.16% |
| 2025-07-01 | 28.16% |
| 2025-06-27 | 28.20% |
| 2025-06-25 | 28.18% |
| 2025-06-23 | 28.19% |
| 2025-06-18 | 28.14% |
| 2025-06-16 | 30.55% |
| 2025-06-12 | 28.21% |
| 2025-06-10 | 28.19% |
| 2025-06-06 | 28.16% |
| 2025-06-04 | 28.18% |
| 2025-06-02 | 28.14% |
| 2025-05-29 | 28.20% |
| 2025-05-27 | 28.16% |
| 2025-05-22 | 28.17% |
| 2025-05-20 | 28.18% |
| 2025-05-16 | 25.83% |
| 2025-05-14 | 28.17% |
| 2025-05-12 | 28.20% |
| 2025-05-08 | 28.20% |
| 2025-05-06 | 28.20% |
| 2025-05-02 | 28.17% |
| 2025-04-30 | 28.15% |
| 2025-04-28 | 28.20% |
| 2025-04-24 | 28.15% |
| 2025-04-22 | 28.15% |
| 2025-04-17 | 28.18% |
| 2025-04-15 | 28.15% |
| 2025-04-11 | 28.17% |
| 2025-04-09 | 28.21% |
| 2025-04-07 | 28.21% |
| 2025-04-03 | 28.17% |
| 2025-04-01 | 28.18% |
| 2025-03-28 | 28.15% |
| 2025-03-26 | 28.19% |
| 2025-03-24 | 28.19% |
| 2025-03-20 | 28.18% |
| 2025-03-18 | 28.14% |
| 2025-03-14 | 28.20% |
| 2025-03-12 | 28.18% |
| 2025-03-10 | 28.21% |
| 2025-03-06 | 28.19% |
| 2025-03-04 | 28.18% |
| 2025-02-28 | 28.17% |
| 2025-02-26 | 42.13% |
| 2025-02-24 | 42.16% |
| 2025-02-20 | 42.13% |
| 2025-02-18 | 42.15% |
| 2025-02-13 | 42.14% |
| 2025-02-11 | 42.12% |
| 2025-02-07 | 42.15% |
| 2025-02-05 | 42.13% |
| 2025-02-03 | 42.16% |
| 2025-01-30 | 42.15% |
| 2025-01-28 | 42.17% |
| 2025-01-24 | 42.12% |
| 2025-01-22 | 42.16% |
| 2025-01-17 | 38.65% |
| 2025-01-15 | 42.17% |
| 2025-01-13 | 42.14% |
| 2025-01-08 | 42.16% |
| 2025-01-06 | 42.14% |
| 2025-01-02 | 42.18% |
| 2024-12-30 | 42.17% |
| 2024-12-26 | 42.18% |
| 2024-12-23 | 42.14% |
| 2024-12-19 | 42.17% |
| 2024-12-17 | 42.12% |
| 2024-12-13 | 42.13% |
| 2024-12-11 | 42.14% |
| 2024-12-09 | 42.18% |
| 2024-12-05 | 42.17% |
| 2024-12-03 | 42.12% |
| 2024-11-29 | 42.16% |
| 2024-11-26 | 42.18% |
| 2024-11-22 | 42.14% |
| 2024-11-20 | 42.15% |
| 2024-11-18 | 42.15% |
| 2024-11-14 | 42.12% |
| 2024-11-12 | 42.14% |
| 2024-11-08 | 42.14% |
| 2024-11-06 | 42.15% |
| 2024-11-04 | 42.13% |
| 2024-10-31 | 42.12% |
| 2024-10-29 | 42.17% |
| 2024-10-25 | 42.13% |
| 2024-10-23 | 42.13% |
| 2024-10-21 | 42.17% |
| 2024-10-17 | 42.14% |
| 2024-10-15 | 38.63% |
| 2024-10-11 | 42.15% |
| 2024-10-09 | 42.15% |
| 2024-10-07 | 42.12% |
| 2024-10-03 | 42.17% |
| 2024-10-01 | 42.18% |
| 2024-09-27 | 42.12% |
| 2024-09-25 | 42.15% |
| 2024-09-23 | 42.14% |
| 2024-09-19 | 42.16% |
| 2024-09-17 | 38.61% |
| 2024-09-13 | 42.13% |
| 2024-09-11 | 42.15% |
| 2024-09-09 | 42.15% |
| 2024-09-05 | 42.13% |
| 2024-09-03 | 42.13% |
| 2024-08-29 | 42.16% |
| 2023-08-29 | 245.49% |
| 2023-08-25 | 245.46% |
| 2023-08-23 | 245.46% |
| 2023-08-21 | 245.47% |
| 2023-08-17 | 245.52% |
| 2023-08-15 | 227.28% |
| 2023-08-11 | 245.73% |
| 2023-08-09 | 245.75% |
| 2023-08-07 | 245.70% |
| 2023-08-03 | 245.70% |
| 2023-08-01 | 245.73% |
| 2023-07-28 | 245.72% |
| 2023-07-26 | 245.73% |
| 2023-07-24 | 245.68% |
| 2023-07-20 | 245.68% |
| 2023-07-18 | 227.54% |
| 2023-07-14 | 245.94% |
| 2023-07-12 | 245.92% |
| 2023-07-10 | 245.91% |
| 2023-07-06 | 245.91% |
| 2023-07-03 | 245.96% |
| 2023-06-29 | 245.90% |
| 2023-06-27 | 245.91% |
| 2023-06-23 | 245.95% |
| 2023-06-21 | 245.91% |
| 2023-06-16 | 245.91% |
| 2023-06-14 | 246.12% |
| 2023-06-12 | 246.10% |
| 2023-06-08 | 246.12% |
| 2023-06-06 | 246.18% |
| 2023-06-02 | 246.17% |
| 2023-05-31 | 246.10% |
Showing the most recent 260 of 2,200 data points. The chart above shows the full history.
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.