Dividend On Watch: Templeton Global Income Fund, Inc. (NYSE:GIM) advises to “Mark your calendars” for Oct 31, 2016; dividends expected to reach $0.03.

Dividend On Watch: Templeton Global Income Fund, Inc. (NYSE:GIM) advises to

Templeton Global Income Fund, Inc. (NYSE:GIM) is expected to pay $0.03 on Oct 31, 2016. The indicated annual dividend is $0.30. Shareholders owning the stock before Oct 13, 2016 will be eligible to receive the payout. Based on Templeton Global Income Fund, Inc.’s current price of $6.30, the dividend is 0.40%. This dividend’s record date is Oct 17, 2016 and the announcement date is Oct 3, 2016. The stock decreased 0.32% or $0.02 on October 11, hitting $6.3. Templeton Global Income Fund (NYSE:GIM) has risen 0.32% since March 9, 2016 and is uptrending. It has underperformed by 7.09% the S&P500.

Templeton Global Income Fund is a closed-end investment company. The company has a market cap of $846.45 million. The Fund seeks high, current income, with a secondary goal of capital appreciation. It currently has negative earnings. Under normal market conditions, the Fund invests at least 80% of its net assets in income-producing securities, including debt securities of U.S. and foreign issuers, including emerging markets.

Insitutional Activity: The institutional sentiment decreased to 0.73 in Q2 2016. Its down 0.02, from 0.75 in 2016Q1. The ratio fall, as 11 funds sold all Templeton Global Income Fund shares owned while 37 reduced positions. 11 funds bought stakes while 24 increased positions. They now own 23.45 million shares or 5.75% less from 24.88 million shares in 2016Q1.
Keybank Association Oh has 0% invested in the company for 10,300 shares. Ameriprise has 304,056 shares for 0% of their US portfolio. Moreover, Hightower Advsr Ltd has 0.03% invested in Templeton Global Income Fund (NYSE:GIM) for 424,600 shares. Parametric Port Associate Ltd Liability Co accumulated 172,986 shares or 0% of the stock. Davenport And Limited Liability owns 43,050 shares or 0% of their US portfolio. Commercial Bank Of Montreal Can holds 0% of its portfolio in Templeton Global Income Fund (NYSE:GIM) for 3,563 shares. Gilman Hill Asset Ltd Liability Corp last reported 0.03% of its portfolio in the stock. Investors Asset Mngmt Of Georgia Inc Ga Adv last reported 23,999 shares in the company. Fincl & Investment Mngmt Group Inc has 1.05M shares for 2.04% of their US portfolio. First Hawaiian Commercial Bank owns 29,033 shares or 0.03% of their US portfolio. Headinvest Ltd Limited Liability Company accumulated 0.13% or 55,070 shares. Us National Bank & Trust De holds 10,187 shares or 0% of its portfolio. Tower Cap Ltd Liability Com (Trc) has 0% invested in the company for 906 shares. Integrated Wealth Counsel Llc accumulated 12.93% or 883,814 shares. Lpl Fincl Limited Liability has 481,918 shares for 0.03% of their US portfolio.

GIM Company Profile

Templeton Global Income Fund (the Fund), incorporated on December 12, 2003, is a closed-end investment company. The Fund seeks high, current income, with a secondary goal of capital appreciation. Under normal market conditions, the Fund invests at least 80% of its net assets in income-producing securities, including debt securities of U.S. and foreign issuers, including emerging markets.

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