Franklin Universal Trust
FTFinancial Services · Stock · monthly payer
Forward Yield
6.34%
Annual Dividend
$0.51
Payout Ratio
39%
5-Yr Growth
6.1%
Ex-Date
Jul 24, 2026
Frequency
Monthly
Summary
As of July 2026, Franklin Universal Trust (FT) yields 6.34% ($0.51 per share annually), with a blended fair-value estimate of $14.40 — +79% upside, so it screens as undervalued. Dividend safety grade: B (79/100).
Is FT a good dividend stock?
YesFranklin Universal Trust (FT) pays a monthly dividend yielding 6.34% ($0.51/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (39%)
- Strong 6.1% 5-yr dividend growth
Risks
- Cut its dividend in 2017
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.34%
- Payout Ratio
- 39%
- Annual Dividend
- $0.51
- 5-Yr Avg Growth
- 6.1%
- Ex-Dividend Date
- Jul 24, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.65
- Market Cap
- $201.3M
- P/E Ratio
- 6.2
- 5-Yr Total Return
- -6%
- 52-Week Range
- $7.73 – $8.35
- Dividend Safety
- B · 79/100
- Ever Cut?
- Yes (2017)
Frequently Asked Questions
FT Price — Last 12 Months
Daily close
Price Return
1 Year
+1%
3 Years
+19%
5 Years
-6%
52-Week Range
$7.73 – $8.35
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FT worth?
Undervaluedlow confidenceOur blended fair-value estimate for Franklin Universal Trust is $14.40 per share, versus a market price of $8.04. That implies 79% of upside — a margin of safety of about 44%.
Fair Value
$14.40
Current Price
$8.04
Upside
+79%
Margin of Safety
44%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 1.8% annual free-cash-flow growth. We model 6.1% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.5% discount rate (CAPM), 6.1% stage-1 growth, 2.5% terminal growth, $1.30 EPS, $0.51 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FT Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 23, 2026 | — | $0.0430 | regular |
| May 21, 2026 | — | $0.0430 | regular |
| Apr 23, 2026 | — | $0.0430 | regular |
| Mar 24, 2026 | — | $0.0430 | regular |
| Feb 20, 2026 | — | $0.0430 | regular |
| Jan 23, 2026 | — | $0.0430 | regular |
| Dec 15, 2025 | — | $0.0430 | regular |
| Nov 17, 2025 | — | $0.0430 | regular |
| Oct 17, 2025 | — | $0.0430 | regular |
| Sep 18, 2025 | — | $0.0430 | regular |
| Aug 18, 2025 | — | $0.0430 | regular |
| Jul 18, 2025 | — | $0.0430 | regular |
| Jun 16, 2025 | — | $0.0430 | regular |
| May 19, 2025 | — | $0.0430 | regular |
Income Calculator
At $0.51 / yr per share
