Templeton Dragon Fund, Inc. (NYSE:TDF) Plans Quarterly Dividend of $0.10

by · The Cerbat Gem

Templeton Dragon Fund, Inc. (NYSE:TDF – Get Free Report) announced a quarterly dividend on Friday, December 5th. Stockholders of record on Monday, December 15th will be given a dividend of 0.10 per share by the financial services provider on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Monday, December 15th.

Templeton Dragon Fund Stock Performance

Shares of NYSE:TDF traded up $0.01 during trading on Friday, reaching $11.29. The stock had a trading volume of 74,033 shares, compared to its average volume of 66,869. Templeton Dragon Fund has a 52 week low of $8.07 and a 52 week high of $12.04. The business’s 50-day moving average price is $11.39 and its 200 day moving average price is $10.84.

Institutional Trading of Templeton Dragon Fund

Several large investors have recently made changes to their positions in the business. XTX Topco Ltd acquired a new stake in shares of Templeton Dragon Fund in the first quarter valued at $100,000. Diversified Enterprises LLC bought a new stake in Templeton Dragon Fund during the 2nd quarter worth about $113,000. Ameriprise Financial Inc. acquired a new stake in Templeton Dragon Fund in the 3rd quarter valued at about $144,000. Baltimore Washington Financial Advisors Inc. acquired a new stake in Templeton Dragon Fund in the 2nd quarter valued at about $228,000. Finally, Almitas Capital LLC raised its stake in shares of Templeton Dragon Fund by 111.1% in the first quarter. Almitas Capital LLC now owns 25,175 shares of the financial services provider’s stock worth $244,000 after acquiring an additional 13,250 shares during the last quarter. Institutional investors own 47.20% of the company’s stock.

Templeton Dragon Fund Company Profile

(Get Free Report)

Templeton Dragon Fund, Inc is a closed ended equity mutual fund launched by Franklin Resources, Inc The fund is managed by Templeton Asset Management Ltd. It invests in the public equity markets of China. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies.

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