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. The fund employs fundamental analysis focusing on factors like growth prospects, competitive positions in export markets, technologies, research and development, productivity, labor costs, raw material costs and sources, profit margins, returns on investment, capital resources, government regulation, and management to create its portfolio. It is actively managed. Templeton Dragon Fund, Inc. was formed on September 20, 1994 and is domiciled in the United States.
Templeton Dragon Fund Dividend Announcement
• Templeton Dragon Fund announced a annually dividend of $0.12 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-08-19
• Templeton Dragon Fund annual dividend for 2024 was $0.12
• Templeton Dragon Fund's trailing twelve-month (TTM) dividend yield is 1.27%
Templeton Dragon Fund Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-19 | $0.12 | annually | 2024-08-30 |
2022-08-12 | $1.30 | annually | 2022-08-31 |
2021-09-02 | $2.40 | annually | 2021-09-20 |
2020-12-14 | $3.20 | annually | 2020-12-31 |
2020-09-03 | $2.58 | annually | 2020-09-21 |
2019-12-13 | $0.68 | annually | 2019-12-31 |
2019-09-06 | $1.11 | annually | 2019-09-23 |
2018-12-14 | $0.50 | annually | 2018-12-31 |
2018-09-07 | $1.61 | annually | 2018-09-24 |
2017-09-08 | $1.71 | annually | 2017-09-25 |
2016-12-13 | $0.15 | annually | 2016-12-30 |
2016-09-08 | $1.26 | annually | 2016-09-26 |
2015-12-14 | $1.72 | annually | 2015-12-31 |
2015-09-09 | $2.28 | annually | 2015-09-25 |
2014-12-12 | $3.65 | annually | 2014-12-31 |
2014-09-10 | $0.64 | annually | 2014-09-26 |
2013-12-11 | $1.06 | annually | 2013-12-31 |
2013-09-11 | $0.61 | annually | 2013-09-27 |
2012-09-12 | $1.07 | annually | 2012-09-28 |
Templeton Dragon Fund Dividend per year
Templeton Dragon Fund Dividend growth
Templeton Dragon Fund Dividend Yield
Templeton Dragon Fund current trailing twelve-month (TTM) dividend yield is 1.27%. Interested in purchasing Templeton Dragon Fund stock? Use our calculator to estimate your expected dividend yield:
Templeton Dragon Fund Financial Ratios
Templeton Dragon Fund Dividend FAQ
Other factors to consider when evaluating Templeton Dragon Fund as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Templeton Dragon Fund's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Templeton Dragon Fund publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Templeton Dragon Fund distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Templeton Dragon Fund are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Templeton Dragon Fund sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Templeton Dragon Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Templeton Dragon Fund declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Templeton Dragon Fund's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Templeton Dragon Fund's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.