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Franklin Resources (BEN), also known as Franklin Templeton Investments, has delivered not only 34 straight years of increasing dividends, but blisteringly fast payout growth as well as well. BEN Dividend History & Description — Franklin Resources Inc. Franklin Resources is a holding company with subsidiaries operating under its Franklin Templeton®. Franklin Resources is an investment management company. On May 8, 2020, he recommended Agio Pharmaceutical options...3 weeks later it soared 142% on takeover rumors... View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. The ex-dividend date of this dividend is Wednesday, December 30th. Fundamental company data provided by Morningstar and Zacks Investment Research. The lower the payout ratio, the more wiggle room the business has before it could be forced to cut the dividend. Franklin Resources has not only paid but also increased its dividend for over three decades. Of the current Dividend Aristocrats, Franklin Resources was the worst performing stock of the 2010s. Ben Franklin Resources (BEN) just increased its dividend by 3.8% in December. The ex-dividend date is Tuesday, September 29th. View which stocks are hot on social media with MarketBeat's trending stocks report. See what's happening in the market right now with MarketBeat's real-time news feed. Earnings-per-share rose to $0.96 during the fourth quarter. ET on TipRanks.com 3 Dividend Stocks for Investors Craving the Total Return High-Life Identify stocks that meet your criteria using seven unique stock screeners. Morgan Stanley cut their price target on Franklin Resources from $20.00 to $19.00 and set an "underweight" rating on the stock in a research note on Thursday, October 29th. It is a toss of the coin whether this asset management company will cut the next dividend to be announced in June. The list includes analysts known by Franklin Resources to follow the company as of June … in a research note on Monday, November 23rd. Home Homepage Membership Levels General Discussion Complete Stock List Value Investing Forum Value Conference The book Podcast Membership Data Coverage Founder's Message Free Trial To help provide a sense of the short to long-term trend, included is an interactive Franklin Resources stock chart which you can easily adjust to the time frame of your choosing (e.g. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. The company has grown its dividend for the last 39 consecutive years and is increasing its dividend by an average of 12.37% each year. Franklin Resources (BEN) has increased its dividend for 36 years. Franklin Resources (NYSE:BEN) declares $0.28/share quarterly dividend, 3.7% increase from prior dividend of $0.27.Forward yield 4.55%Payable Jan. In fact, Franklin Resources’ dividend has grown at an annual rate of 18.2% over the past 30 years. The dividend cut naturally means a decline in its yield, which at the current share price is 3%. Franklin Resources Inc Stock Historical Dividends and Yields - : Stock dividend history, yield and payout ratio data. Touch device users, explore by touch or with swipe gestures. Through its investment products, Co. provides investment management and related services to retail, institutional and investors. Franklin Resources (BEN) Dividend Yield: 3.2%. The previous Franklin Resources, Inc. dividend was 27c and it went ex 3 months ago and it was paid 3 months ago. © 2021, Nasdaq, Inc. All Rights Reserved. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Enter up to 25 symbols separated by spaces. Learn more. Related services include transfer agency, fund administration, custodial, trustee and fiduciary services. All rights reserved. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.3. T. Rowe Price) or companies focused on passive ETFs (e.g. Seeking AlphaFranklin Resources: One Of The Riskiest Dividend AristocratsSep. Franklin Limited Duration Income Trust Announces Sources of Monthly Dividend … News Conclusion Today we discussed five factors I leverage to reduce the risk of dividend cuts. In addition, I sell after a dividend cut, and reinvest the proceeds elsewhere to minimize the blow to dividend income. These symbols will be available throughout the site during your session. Franklin Resources provides investment advisory and related services to retail mutual funds, institutional and private accounts, and other investment products globally. BEN's next quarterly dividend payment will be made to shareholders of record on Friday, January 15. BEN's next quarterly dividend payment will be made to shareholders of record on Friday, January 15. I just learned that Dominion Energy (D) is going to cut annual dividends to $2.50/share, from $3.76/share. Dividend Benchmarks. For investors looking to cash in on the attractive economics of the asset management industry, actively managed funds with superior performance track records (e.g. Ultimately, when earnings per share decline, the size of the pie from which dividends can be paid, shrinks. Seeking AlphaFranklin Resources: One Of The Riskiest Dividend AristocratsSep. He named the company after Benjamin Franklin, the founding father who was viewed as a symbol for frugality, saving, and wise investments. Franklin Resources’s dividend payout ratio (DPR) is 42.86%. Want to see which stocks are moving? Franklin Resources Hikes Dividend 4% Amid Rising AUM Justin Kuepper Dec 24, 2020 Franklin Resources Inc. ( BEN ) is a global investment management firm that operates under the Franklin Templeton brand serving clients in over 165 countries. A year-and-a-half ago, I delved into some lesser-known Dividend Aristocrats looking for hidden winners. Franklin Resources, Inc. stock (NYSE: BEN) dipped today in trading and investors should consider it a top stock to watch for dividends. node.dataset.value : node.getAttribute('data-value'); if (selectedValue) { for (var j = 0; j < node.options.length; j++) { if(node.options[j].value === selectedValue) { node.options[j].selected = 'selected';break;}}}}}, Do Not Sell My Personal Information (CA Residents Only). Readers will understand then, why we’re concerned to see Franklin Resources’s earnings per share have dropped 12% a year over the past five years. Looking for new stock ideas? Read full definition. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Today, Franklin Resources manages the Franklin and Templeton families of mutual funds. paid since; Investment Management: N/A: N/A: N/A: Quarter: 1981: Franklin Resources. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. var dom1 = document.querySelector('#form1783 #field1');var field1 = new LiveValidation(dom1, {validMessage: "", onlyOnBlur: false, wait: 300});field1.add(Validate.Presence, {failureMessage:"This field is required"});field1.add(Validate.Format, {pattern: /(^[A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~][A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~\.]{0,62}@(([A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])?)(\.[A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])? T. Rowe Price) or companies focused on passive ETFs (e.g. Franklin Resources paid out more than half (52%) of its earnings last year, which is a regular payout ratio for most companies. This dividend champion has paid dividends since 1981 and managed to increase them for 34 years in a row. Learn everything you need to know about successful options trading with this three-part video course. Therefore, while Franklin Resources continues to pay a safe dividend, its future payout growth potential has been deeply impaired. Franklin Resources (BEN) hikes quarterly common stock dividend by 4% from the prior-quarter payout to 28 cents per share, to be paid on Jan 15, 2021, to shareholders of record as of Dec 31, 2020. Business Wire - 2 weeks ago Meanwhile, it should be remembered that Dominion remains a very steady and reliable dividend payer. Blackrock) may be better options. Franklin Resources Hikes Dividend By 4%; Street Sees 12% Downside Dec. 16, 2020 at 6:44 a.m. The past few years hav… BEN’s stock now has a dividend yield twice as high as its five-year average yield, and it trades for a forward earnings multiple of just 12.6x. In related news, Director Mariann H. Byerwalter sold 1,827 shares of the firm’s stock in a transaction dated Monday, August 17th. I would like to receive Nasdaq communications related to Products, Industry News and Events.You can always change your preferences or unsubscribe and your contact information is covered by our Privacy Policy. The most recent dividend increase was in December 2013, when the Board of Directors approved a … The dividend cut naturally means a decline in its yield, which at the current share price is 3%. SAN MATEO, Calif., Feb. 14, 2018 (GLOBE NEWSWIRE) -- Franklin Resources, Inc. 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