Templeton Global Income Fund (NYSE:GIM) Increases Dividend to $0.03 Per Share
From MarketBeat:
Templeton Global Income Fund (NYSE:GIM) declared a dividend of $0.029 per share with a yield of 9.02%. This is a slight decrease but still represents a great investment opportunity. The stock has seen stable performance with a 52 week low of $3.77 and a 52 week high of $4.56. Insider selling has been significant, with Saba Capital Management, L.P. recently selling 113,867 shares. However, there is also growing interest from large investors. The fund is actively managed with a focus on global fixed income markets, specifically government bonds.
Overall, while Templeton Global Income Fund has solid potential, top-rated analysts are recommending five other stocks to buy right now. Additionally, there is significant interest from hedge funds and other institutional investors in the company.
Read more: Templeton Global Income Fund (NYSE:GIM) Increases Dividend to $0.03 Per Share