Templeton's Monthly Income Plan (TMIP) has paid a dividend in its Monthly and Quarterly dividend option. The record date for the same was June 25, 2001.
The Monthly Dividend Plan paid 0.80%(Rs0.080 per unit). The aggregate dividend doled out by the fund stands at 10.4% in 15 monthly payouts since its inception in February 2000.
The Quarterly Dividend Plan paid a dividend of 2.25% (Rs 0.225 per unit). The investors in the plan have received an aggregate dividend of 9.44% over five quarterly payouts since launch.
On the returns front, the Monthly and Quarterly plan have posted an annualized 11.56% and 10.98% as on June 22, 2001.