Templeton Global Income Fund, Inc. (NYSE:GIM) is expected to pay $0.03 on Nov 30, 2016. The indicated annual dividend is $0.30. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Templeton Global Income Fund, Inc.’s current price of $6.25, the dividend is 0.40%. This dividend’s record date is Nov 15, 2016 and the announcement date is Nov 2, 2016. The stock increased 0.32% or $0.02 on November 8, hitting $6.25. Templeton Global Income Fund (NYSE:GIM) has declined 2.19% since April 7, 2016 and is downtrending. It has underperformed by 6.97% the S&P500.
Templeton Global Income Fund is a closed-end investment company. The company has a market cap of $847.93 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 dived, 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.
Private Harbour Investment Counsel Ltd last reported 59,700 shares in the company. Ameriprise Fin Incorporated owns 304,056 shares or 0% of their US portfolio. Tradewinds Cap Lc accumulated 0.02% or 3,350 shares. Moreover, Gould Asset Mngmt Ltd Co Ca has 1.06% invested in Templeton Global Income Fund (NYSE:GIM) for 311,123 shares. Jnba Financial Advsr accumulated 0.07% or 40,600 shares. Greatmark Investment Prns Incorporated accumulated 135,675 shares or 0.39% of the stock. Royal State Bank Of Canada has 0% invested in the company for 106,032 shares. Assetmark Inc holds 0.04% or 360,459 shares in its portfolio. Citigroup Inc holds 1,385 shares or 0% of its portfolio. Keybank National Association Oh accumulated 10,300 shares or 0% of the stock. Endurance Wealth Incorporated last reported 750 shares in the company. Evanson Asset Management Ltd Llc last reported 2.16% of its portfolio in the stock. First Hawaiian Fincl Bank reported 29,033 shares or 0.03% of all its holdings. The Arizona-based Windsor Management Limited Liability Corp has invested 2.5% in Templeton Global Income Fund (NYSE:GIM). Cetera Advisor owns 22,814 shares or 0.01% 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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