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Templeton MIP Declares Monthly & Quarterly Dividend

Templeton Monthly Income Plan (MIP) has declared a monthly dividend of 1.30 per cent (Rs 0.13 per unit) and a quarterly dividend of 3.75 per cent (Rs 0.375 per unit). The record date for the same was December 24, 2001.

This is the highest dividend declared by Templeton MIP so far under both the options. In the current financial year, the monthly dividend plan has paid an aggregate dividend of 7.6 per cent in 9 monthly payouts and a total dividend of 8.25 per cent has been paid under the quarterly dividend plan, spread over 3 quarterly payments