Franklin Resources Dividend
Dividend criteria checks 4/6
Franklin Resources is a dividend paying company with a current yield of 5.37% that is well covered by earnings. Next payment date is on 12th July, 2024 with an ex-dividend date of 28th June, 2024.
Key information
5.4%
Dividend yield
70%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 12 Jul 24 |
| Ex dividend date | 28 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | US$1.64 |
| Dividend yield forecast in 3Y | 5.8% |
Recent dividend updates
Franklin Resources' (NYSE:BEN) Dividend Will Be Increased To $0.31
Dec 30
Franklin Resources' (NYSE:BEN) Upcoming Dividend Will Be Larger Than Last Year's
Dec 16Recent updates
Buying Back Into Franklin Resources
May 27Franklin Resources: Falling Industry, Lagging Financial Strength, And Margins Contracting
May 11Earnings Miss: Franklin Resources, Inc. Missed EPS By 51% And Analysts Are Revising Their Forecasts
May 03Franklin Resources: High Yield, AUM Ticks Up, But Long-Term Challenges Remain
Mar 05Franklin Resources' (NYSE:BEN) Dividend Will Be Increased To $0.31
Dec 30Franklin Resources, Inc.'s (NYSE:BEN) Shares Leap 26% Yet They're Still Not Telling The Full Story
Dec 27Franklin Resources: A Value Play With Catalysts
Dec 22Franklin Resources' (NYSE:BEN) Upcoming Dividend Will Be Larger Than Last Year's
Dec 16Holding Off Franklin Resources Ahead Of Q4 Earnings
Oct 13Taking Profits In Franklin Resources Inc.
Aug 04Franklin Resources: Buying Does Not Solve Underlying Problems
Jun 25Franklin Resources: A Mixed Quarter, Still Not Good Enough On Valuation
May 23This Just In: Analysts Are Boosting Their Franklin Resources, Inc. (NYSE:BEN) Outlook for This Year
May 02Franklin Resources (NYSE:BEN) Is Increasing Its Dividend To $0.30
Feb 11Franklin Resources declares $0.30 dividend
Feb 07Franklin Resources FQ1 2023 Earnings Preview
Jan 27Franklin Resources AUM slip 1.6% in December amid selloff in markets
Jan 11T. Rowe Price And Franklin Resources: Obsolete Businesses Or Ripe For A Rebound In 2023?
Dec 28Franklin Resources November AUM rises to $1.41T in wake of market appreciation
Dec 12Franklin Resources reports AUM for Oct
Nov 09Franklin Resources: A Poor Growth Outlook As Shares Trend Lower Into Earnings
Oct 27Franklin Resources AUM slides 6.5% in September on market decline, outflows
Oct 11Franklin Resources (NYSE:BEN) Is Paying Out A Dividend Of $0.29
Sep 16Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BEN's dividend payments have been volatile in the past 10 years.
Growing Dividend: BEN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Franklin Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BEN) | 5.4% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Capital Markets) | 2.3% |
| Analyst forecast in 3 Years (BEN) | 5.8% |
Notable Dividend: BEN's dividend (5.37%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: BEN's dividend (5.37%) is in the top 25% of dividend payers in the US market (4.71%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.3%), BEN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55%), BEN's dividend payments are covered by cash flows.