The stock, which yields 4.5%, has returned about 1% year to date. The ex-dividend date is Tuesday, September 29th. Therefore, while Franklin Resources continues to pay a safe dividend, its future payout growth potential has been deeply impaired. © 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Touch device users, explore by touch or with swipe gestures. Ben Franklin Resources (BEN) just increased its dividend by 3.8% in December. Franklin Resources, Inc. (the “Company”) (NYSE:BEN) announced a special cash dividend in the amount of $3.00 per share, along with a regular quarterly cash dividend in the amount of $0.23 per share. in a research note on Monday, November 23rd. The stock was sold at an average price of $21.90, for a total transaction of $40,011.30. using the scroll bar or pinch and zoom on a touch screen). The previous Franklin Resources, Inc. dividend was 27c and it went ex 3 months ago and it was paid 3 months ago. BEN yields 6.7%, and the dividend has grown for 23 straight years. This is a positive change from Franklin Resources’s previous quarterly dividend of $0.27. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. T. Rowe Price) or companies focused on passive ETFs (e.g. Conclusion Today we discussed five factors I leverage to reduce the risk of dividend cuts. Identify stocks that meet your criteria using seven unique stock screeners. However, the dividend payout ratio was a high 55% on net income before the COVID-19 effect on profits. Asset manager Franklin Resources (BEN) plans to raise its quarterly payout by a penny, or nearly 4%, to 28 cents a share. Co. is an investment management organization. The stock was sold at an average price of $21.90, for a total transaction of $40,011.30. The ex-dividend date of this dividend is Wednesday, December 30th. Learn everything you need to know about successful options trading with this three-part video course. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. If you've got money invested in the stock market, but are confused as to what to do next...This is the can't-miss interview of 2021... Start Your Risk-Free Trial Subscription Here, 3 Reliable Dividend Stocks to Buy in January, It Is Almost Time To Buy More Chewy.com (NYSE:CHWY), FAT Brands (NASDAQ: FAT) Stock is a Compelling Bargain Buy, Former head of China state asset firm sentenced to death, Harley Davidson (NYSE: HOG) Stock Giving Pullback Entries Here, NYSE withdraws plans to delist 3 Chinese phone carriers, South Korean tanker was boarded by armed Iran Guard forces, Simply Good Foods (NYSE:SMPL) Is a Simple Bet On Resolutions, Forward Air Stock: A Lesser-Known Way to Play the Transportation Rebound. Franklin Resources's next dividend payment will be US$0.28 per share, and in the last 12 months, the company paid a total of US$1.08 per share. Companies that pay out less in dividends than they earn in profits generally have more sustainable dividends. Franklin Resources's upcoming dividend is US$0.28 a share, following on from the last 12 months, when the company distributed a total of US$1.08 per share to shareholders. 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 Today, Franklin Resources manages the Franklin and Templeton families of mutual funds. Franklin Resources, Inc is a publicly owned asset management holding company. Let’s now examine the dividend safety of Franklin Resources. Franklin Resources pays out 42.91% of its earnings out as a dividend. The company has grown its dividend for the last 40 consecutive years and is increasing its dividend by an average of 9.51% each year. Franklin Resources’s dividend payout ratio (DPR) is 42.86%. Man Who Predicted March 2020 Crash Says 2021 Is The Time. BEN yields 6.7%, and the dividend has grown for 23 straight years. Franklin Resources has not only paid but also increased its dividend for over three decades. Franklin Resources has an impressive pedigree and track record as a dividend aristocrat. Franklin Resources, Inc. (the “Company”) (NYSE:BEN) announced a special cash dividend in the amount of $3.00 per share, along with a regular quarterly cash dividend in the amount of $0.23 per share. However, the security often escapes the typical dividend investor due to its low starting yield. It opted yesterday to acquire Legg Mason, creating a combined asset manger with more than a trillion dollars under management. The recently passed Tax Cuts and Jobs Act, which lowers the marginal corporate income tax rate 43%, significantly increases Franklin Resources financial strength and capital flexibility. Receive a free world-class investing education from MarketBeat. Dividend history information is presently unavailable for this company. This could indicate that the company has never provided a dividend or Get daily stock ideas top-performing Wall Street analysts. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Fundamental company data provided by Morningstar and Zacks Investment Research. Franklin Resources’s payout ratio is currently 41.38%. Franklin Resources, Inc. stock (NYSE: BEN) dipped today in trading and investors should consider it a top stock to watch for dividends. nodes[i].dataset.subscription : nodes[i].getAttribute('data-subscription'); if(status ==='true') {nodes[i].checked = true;}}};var nodes = document.querySelectorAll('#form1783 select[data-value]'); if (nodes) { for (var i = 0; i < nodes.length; i++) { var node = nodes[i]; var selectedValue = node.dataset ? In fact, Franklin Resources’ dividend has grown at an annual rate of 18.2% over the past 30 years. This represents a $1.08 dividend on an annualized basis and a yield of 5.50%. Franklin Resources Hikes Dividend 4% Amid Rising AUM Justin Kuepper | Dec 24, 2020 Franklin Resources Hikes Dividend News AbbVie, Oracle and Abbott Laboratories Go Ex-dividend This Week Shauvik Haldar | Jul 13, 2020 Check out the securities going ex-dividend this week. The next Franklin Resources, Inc. dividend went ex 5 days ago for 28c and will be paid in 11 days. Earnings-per-share rose to $0.96 during the fourth quarter. Is The Coca-Cola Company (NYSE:KO) Losing Its Fizz? Want to see which stocks are moving? )+)$)/i, failureMessage: "A valid email address is required"});field1.add(Validate.Format, {pattern: /\.\.|\. When autocomplete results are available use up and down arrows to review and enter to select. Franklin Resources pays an annual dividend of $1.12 per share, with a dividend yield of 4.61%. Franklin Resources's next dividend payment will be US$0.28 per share, and in the last 12 months, the company paid a total of US$1.08 per share. 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. Yes! © 2021, Nasdaq, Inc. All Rights Reserved. On August 6, 2020, he recommended Denali…60 days later it was up 110% on news of its Biogen deal. In related news, Director Mariann H. Byerwalter sold 1,827 shares of the firm’s stock in a transaction dated Monday, August 17th. Fiverr (NYSE: FVRR) is Just Getting Started, 7 Stocks to Buy As Americans Receive Stimulus Checks, 7 Outdoor Recreation Stocks For Growth And Dividends, 8 EV Stocks To Electrify Your Growth Portfolio, 7 Cloud Computing Stocks to Lift Your Portfolio to New Heights, 7 Infrastructure Stocks That May Help Rebuild America, 7 Food Stocks That Are Leading Through Innovation, 7 Entertainment Stocks That Are Still Delighting Investors, 7 Clean Energy Stocks With A Bright Future, Well, Dylan just released his #1 5G Takeover Target right here >>>, Receive Analysts' Upgrades and Downgrades Daily. Franklin Resources Inc. (BEN) is a publicly owned asset management holding company. The following presents a detailed Franklin Resources stock price history for your review. @/i, failureMessage: "A valid email address is required", negate: "true"});var dom2 = document.querySelector('#form1783 #field2');var field2 = new LiveValidation(dom2, {validMessage: "", onlyOnBlur: false, wait: 300});field2.add(Validate.Presence, {failureMessage:"This field is required"});var dom5 = document.querySelector('#form1783 #field5');var field5 = new LiveValidation(dom5, {validMessage: "", onlyOnBlur: false, wait: 300});field5.add(Validate.Custom, {against: function(value) {return !value.match(/(telnet|ftp|https?):\/\/(?:[a-z0-9][a-z0-9-]{0,61}[a-z0-9]\.|[a-z0-9]\. Read full definition. Dividend Benchmarks. T. Rowe Price) or companies focused on passive ETFs (e.g. The clock just started on the biggest financial event in 20 years. Thanks to a low payout ratio and cash flow-rich business model, this is likely to continue for the next few years at least. Franklin Resources (BEN) has raised its dividend every year since 1981 and offers a 4% dividend yield, an all-time high for the stock. Franklin Resources (BEN) has increased its dividend for 36 years. Therefore, while Franklin Resources continues to pay a safe dividend, its future payout growth potential has been deeply impaired. Franklin Resources paid out more than half (52%) of its earnings last year, which is a regular payout ratio for most companies. However, that doesn’t mean there aren’t still opportunities for yield-seeking investors, says Franklin Equity Group’s Nick Getaz and Matt Quinlan. The past few years hav… A year-and-a-half ago, I delved into some lesser-known Dividend Aristocrats looking for hidden winners. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. The lower the payout ratio, the more wiggle room the business has before it could be forced to cut the dividend. To see all exchange delays and terms of use please see disclaimer. ET on TipRanks.com 3 Dividend Stocks for Investors Craving the Total Return High-Life Franklin Resources’s dividend payout ratio (DPR) is 42.86%. Meanwhile, it should be remembered that Dominion remains a very steady and reliable dividend payer. Blackrock) may be better options. Find the latest dividend history for Franklin Resources, Inc. Common Stock (BEN) at Nasdaq.com. While the risk of dividend cut will always be out there, I believe that it can be managed by the strategic dividend growth investor. SAN MATEO, Calif., Feb. 14, 2018 (GLOBE NEWSWIRE) -- Franklin Resources, Inc. (the “Company”) (NYSE:BEN) announced a special cash dividend in the amount of … Enter up to 25 symbols separated by spaces. Franklin Resources has boosted its dividend annually for the past 38 consecutive years. Looking for new stock ideas? Franklin Resources Hikes Dividend By 4%; Street Sees 12% Downside Dec. 16, 2020 at 6:44 a.m. Franklin Resources increased its dividend by a hefty 20% last week, continuing its dividend growth streak dating back to 1981.This dividend aristocrat has recently fallen on hard times, causing its stock price to drop by 37% over the last year. Franklin Resources provides investment advisory and related services to retail mutual funds, institutional and private accounts, and other investment products globally. Franklin Resources announced a quarterly dividend on Tuesday, December 15th. The company has global, domestic, institutional, and sovereign wealth clients in more than 70 countries. All rights reserved. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. A year-and-a-half ago, I delved into some lesser-known Dividend Aristocrats looking for hidden winners. From the perspective of earnings, the dividend is well covered. Franklin Resources has not only paid but also increased its dividend for over three decades. The dividend is abundantly covered, and the company appears well positioned to continue its membership among the Dividend … Dividends are common dividends paid per share, reported as of the ex-dividend date. paid since; Investment Management: N/A: N/A: N/A: Quarter: 1981: Franklin Resources. The most recent dividend increase was in December 2013, when the Board of Directors approved a … News If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to … 2020 hike 2019 hike 2018 hike; BEN: N/A: N/A: N/A: N/A: Business yield Hike yrs 5 yr CAGR freq. Franklin Limited Duration Income Trust Announces Sources of Monthly Dividend … Investors of record on Wednesday, September 30th will be given a dividend of 0.27 per share by the closed-end fund on Thursday, October 15th. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. margin decline Franklin Resources had to report a somewhat steeper cut in its operating income (down 14% year over year), but lower taxes and a lower share count allowed the company to grow its earnings-per-share by 26% year over year. The firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. SAN MATEO, Calif., Feb. 14, 2018 (GLOBE NEWSWIRE) -- Franklin Resources, Inc. (the “Company”) (NYSE:BEN) announced a special cash dividend in the amount of … 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. Please log in to your account or sign up in order to add this asset to your watchlist. See what's happening in the market right now with MarketBeat's real-time news feed. In related news, Director Mariann H. Byerwalter sold 1,827 shares of the firm’s stock in a transaction dated Monday, August 17th. For example, the company raised its dividend by 11% in 2017. Over the past decades, the firm has generated safe and growing dividends in all manner of economic and industry conditions. Dividend Summary. Franklin Resources, Inc. (NYSE:BEN) announced a quarterly dividend on Friday, August 28th, RTT News reports. Export data to Excel for your own analysis. Learn more. In general, profits from business operations can be allocated to retained earnings or paid to shareholders in the form of dividends or stock buybacks. 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 Create your Watchlist to save your favorite quotes on Nasdaq.com. This is a good value and well below my criteria of 65%. )+[a-z]{2,63}/i);}, failureMessage: "Value must not contain any URL's"});field5.add(Validate.Presence, {failureMessage:"This field is required"});field5.add(Validate.Length, {tooShortMessage:"Invalid length for field value", tooLongMessage: "Invalid length for field value", minimum: 4, maximum: 4});function handleFormSubmit(ele) { var submitButton = ele.querySelector('input[type=submit]'); var spinner = document.createElement('span'); spinner.setAttribute('class', 'loader'); submitButton.setAttribute('disabled', true); submitButton.style.cursor = 'wait'; submitButton.parentNode.appendChild(spinner); return true; }function resetSubmitButton(e){ var submitButtons = e.target.form.getElementsByClassName('submit-button'); for(var i=0;i