Franklin High Yield Corporate ETF Announces Monthly Dividend of $0.1407 per Share

The Franklin High Yield Corporate ETF (FLHY) has declared a monthly dividend of $0.1407 per share, with an annualized forward yield of 7.26%. The payment is scheduled for October 6 and will be distributed to shareholders on record as of October 1. Shareholders who purchase the ETF after this date may miss out due to the ex-dividend rule effective on October 1. This dividend announcement reflects FLHY’s consistent performance in generating returns through high-yield corporate bonds, which is a key draw for income-focused investors. The yield remains attractive compared to broader market benchmarks and could influence investor interest ahead of the payment date.

By Urvi Shah, SA News Editor · Seeking Alpha ·

Franklin High Yield Corporate ETF Announces Monthly Dividend of $0.1407 per Share

Topics: dividend ETF

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