Franklin Resources maintains dividend at $0.32 per share

Published 21/05/2025, 21:38
Franklin Resources maintains dividend at $0.32 per share

SAN MATEO, Calif. - Franklin Resources, Inc. [NYSE:BEN], a global investment management firm, has announced the distribution of a quarterly cash dividend of $0.32 per share, which is scheduled to be paid on July 11, 2025. This dividend rate is consistent with the previous quarter’s distribution and marks a 3.2% increase compared to the dividend paid in the same quarter of the previous year. Stockholders on record as of the close of business on June 27, 2025, will be eligible for the dividend. The company’s current dividend yield stands at 5.77%, reflecting its 45-year track record of consecutive dividend payments. According to InvestingPro, this is one of eight key financial metrics that signal the company’s commitment to shareholder returns.

Franklin Resources, operating under the brand name Franklin Templeton, provides investment management and wealth management services, along with technology solutions aimed at achieving better financial outcomes for its clients. With a market capitalization of $11.37 billion and trading slightly below its Fair Value according to InvestingPro analysis, the company boasts a global presence, serving customers in over 150 countries through its network of specialized investment managers.

With a focus on diverse investment strategies, Franklin Templeton offers expertise in equity, fixed income, alternative investments, and multi-asset solutions. The firm employs more than 1,500 investment professionals and operates offices in key financial markets worldwide. As of April 30, 2025, Franklin Resources reports managing assets worth approximately $1.53 trillion, leveraging over 75 years of experience in the investment sector.

The announcement of the dividend reaffirms Franklin Resources’ commitment to providing value to its shareholders and reflects its financial stability. The information regarding the dividend payment is based on a press release statement from the company. Franklin Resources has not indicated any changes in its strategic direction or operational approach accompanying this dividend declaration.

Investors and stakeholders can view further details on the company’s financial activities and investor relations on its official website. Franklin Resources continues to position itself as a significant player in the global investment management industry.

In other recent news, Franklin Templeton reported its first-quarter 2025 earnings, showcasing a mixed performance. The company’s earnings per share (EPS) of $0.47 fell short of the $0.50 forecast, but it surpassed revenue expectations with $2.11 billion, exceeding the projected $1.6 billion. In a strategic move, Franklin Templeton also announced the conversion of 10 Putnam municipal bond mutual funds into exchange-traded funds (ETFs) by early 2026, aiming to expand its municipal bond ETF offerings. Additionally, Franklin Templeton appointed Surajit Ray as the Head of Portfolio Construction and Quantitative Risk for the Franklin Equity Group, a newly created role to enhance risk-aware portfolio construction processes. The company’s U.S. ETF platform currently includes over 70 ETFs with approximately $32 billion in assets under management. Franklin Templeton’s recent initiatives are part of its broader strategy to innovate and expand its investment offerings. The company continues to maintain a strong international presence and is focused on aligning its investment strategies with comprehensive risk frameworks.

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