Templeton Dragon Fund, Inc. (TDF) to Issue Quarterly Dividend of $0.15 on June 30th

Templeton Dragon Fund, Inc. (NYSE:TDF) announced a quarterly dividend on Wednesday, May 20th. Investors of record on Tuesday, June 23rd will be paid a dividend of 0.15 per share by the financial services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend is Tuesday, June 23rd. This is a 50.0% increase from Templeton Dragon Fund’s previous quarterly dividend of $0.10.

Templeton Dragon Fund Price Performance

NYSE TDF opened at $11.06 on Friday. The business has a 50 day simple moving average of $11.06 and a 200 day simple moving average of $11.33. Templeton Dragon Fund has a 52-week low of $9.42 and a 52-week high of $12.20.

Templeton Dragon Fund Company Profile

Templeton Dragon Fund (NYSE:TDF) is a closed-end investment company managed by Franklin Templeton Investment Funds. Established in March 1987, the fund was one of the earliest U.S.-listed vehicles dedicated to providing exposure to the Greater China equity markets. Over its long operating history, Templeton Dragon Fund has sought to capture growth opportunities in a region undergoing rapid economic transformation.

The fund’s primary investment objective is long-term capital appreciation through a diversified portfolio of common stocks, depositary receipts and other equity-related securities of companies domiciled in, or deriving significant revenue from, Mainland China, Hong Kong and Taiwan.