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Franklin Limited Duration Income Trust (NYSE:FTF), a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0783 per common share, payable May 14, 2021, to shareholders of record on April 30, 2021 (Ex-Dividend Date: April 29, 2021).
The Fund adopted a managed distribution plan and will make monthly distributions to common shareholders at an annual minimum fixed rate of 10 percent, based on the average monthly net asset value (NAV) of the Fund s common shares. The Fund will calculate the average NAV from the previous month based on the number of business days in that month on which the NAV is calculated. The distribution will be calculated as 10 percent of the previous month s average NAV, divided by 12. Management will generally distribute amounts necessary to satisfy the Fund s plan and the requirements prescribed by excise tax rules and Subchapter M of the Internal Revenue Code. The plan is intended to provide shareholders wi
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First Trust MLP and Energy Income Fund Declares Monthly Common Share Distributions of $0.05 Per Share for May, June and July
April 20, 2021 GMT
WHEATON, Ill. (BUSINESS WIRE) Apr 20, 2021
First Trust MLP and Energy Income Fund (the “Fund”) (NYSE: FEI) has declared the Fund’s monthly common share distributions for May, June and July of $0.05 per share for each month.
The payable, record and expected ex-dividend dates, as well as the distribution per share amount for these distributions are as follows:
First Trust MLP and Energy Income Fund (FEI):
The company has fixed 22 March 2021 as the record date for the dividend.Power Finance Corporation (PFC) in a regulatory filing on Friday (12 March 2021) said that its board has declared an interim dividend of Rs 8 per equity share on the face value of the paid-up equity shares of Rs 10 each for the financial year 2020-21. The record date for the same is set on 22 March 2021.
Shares of PFC gained 2.57% at Rs 137.85 on Friday. At the ruling market price, the dividend yields work out to 5.8%.
PFC is a leading power sector public financial institution and a non-banking financial company providing fund and non-fund based support for the development of the Indian power sector.
The record date for the dividend is set on 20 March 2021.The board of Rites, an infrastructure consultancy and engineering company, has declared a second interim dividend of Rs 4 per share on the share with face value of Rs 10 each. The record date for the purpose of payment of dividend is 20 March 2021.
The second interim dividend brings the company s total dividend for FY21 so far, to Rs 9 per share, amounting to Rs 216.27 crore.
Further, the company informed that its standalone revenue for the nine months of FY21 has been Rs 1,315 crore and profit after tax has been Rs 290 crore.
Meanwhile, the company said it has commenced the export shipments to Sri Lanka and Mozambique. The 10 railway passenger coaches has been successfully delivered to Sri Lanka and first shipment of two 3,000 HP Cape Gauge AC-AC locomotives has been flagged off to Mozambique, it added in a statement issued after market hours yesterday, 12 March 2021.