10 Stocks With Rising Dividends From Franklin Templeton's Rising Dividends Fund

Recent Wall Street Journal article reported that while many other actively managed mutual funds are losing assets to exchanged traded funds (ETFs), some mutual funds are taking in billions of new money. Among the four funds the article singled out, Franklin Rising Dividends fund (FRDAX) is one of them. It currently has about $5 billion asset under management. The fund has been managed by Donald Taylor since 1996. The fund normally invests in companies that have paid consistently rising dividends. One of the main criteria is that these companies have increased their dividend rate in the last four consecutive years. This fund thus falls into the so called dividend appreciation category, compared with the other category (dividend hogs) that emphasizes on actual dividend sizes. Based on the article, average stock in the portfolio has doubled its dividend over the past 10 years. Its holdings are mostly large cap stocks. Currently,... Read more