Elon's Greatest Invention... Hidden in South Memphis?

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

Franklin Universal Trust
NYSE:FT
$7.45

Financials

Return on Assets0.03
Return on Equity0.17
Revenue14.5M
Earnings Per Share1.37
Revenue Per Share0.58
Gross Profit14,519,578
Quarterly Revenue Growth-0.27

General

NameFranklin Universal Trust
TickerFT
ExchangeNYSE
SectorFinancial
IndustryClosed-End Fund - Debt
CurrencyUSD
CountryUSA
Fiscal Year EndAugust

About Franklin Universal Trust

Franklin Universal Trust is a closed-ended balanced mutual fund launched by Franklin Resources, Inc. The fund is managed by Franklin Advisers, Inc. It invests in the public equity and fixed income markets of the United States. The fund invests in companies operating in utility sector. It employs fundamental analysis to invest in a diversified portfolio of corporate bonds and dividend paying utility stocks. The fund benchmarks the equity component of its balanced portfolio against the S&P 500 Electric Utilities Index and the fixed component against the Credit Suisse High Yield. Franklin Universal Trust was formed on September 23, 1988 and is domiciled in the United States.

Dividend

Franklin Universal Trust pays out a dividend of $0.51 per share, with a dividend yield of 6.85%.

FT's last dividend payment was made to shareholders on February 15, 2019.

They pay out 37.53% of their earnings out as a dividend.

Recent Dividends

May 30, 2025$0.04
Apr 30, 2025$0.04
Mar 31, 2025$0.04
Feb 28, 2025$0.04
Jan 31, 2025$0.04
Dec 31, 2024$0.04
Nov 29, 2024$0.04
Oct 31, 2024$0.04
Sep 30, 2024$0.04
Aug 30, 2024$0.04
Jul 31, 2024$0.04
Jun 28, 2024$0.04
May 31, 2024$0.04
Apr 30, 2024$0.04
Mar 28, 2024$0.04
Feb 29, 2024$0.04
Jan 31, 2024$0.04
Dec 29, 2023$0.04
Nov 30, 2023$0.04
Oct 31, 2023$0.04
Sep 29, 2023$0.04
Aug 31, 2023$0.04
Jul 31, 2023$0.04
Jun 30, 2023$0.04
May 31, 2023$0.04
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