Franklin Resources, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Franklin Resources, Inc. (NYSE:BEN) announced a quarterly cash dividend of $0.28 per share, payable on October 15, 2021, to stockholders of record as of September 30, 2021. This dividend matches the previous quarter's payment and marks a 4% increase from the same quarter last year. The company, based in California, boasts over $1.5 trillion in assets under management and serves clients in over 165 countries with comprehensive investment solutions.

Positive

• Quarterly dividend increased by 4% compared to the same quarter last year.
• Dividend amount remains steady at $0.28 per share, indicating stability.
• Company manages over $1.5 trillion in assets, showcasing strong market presence.

Negative

• None.

SAN MATEO, Calif.--(BUSINESS WIRE)-- Franklin Resources, Inc. (the “Company”) [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.28 per share payable on October 15, 2021 to stockholders of record holding shares of common stock at the close of business on September 30, 2021. The quarterly dividend of $0.28 per share is equivalent to the dividend paid for the prior quarter and represents a 4% increase over the quarterly dividend paid for the same quarter last year.

About Franklin Templeton

Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the Company brings extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has over 70 years of investment experience and over $1.5 trillion in assets under management as of July 31, 2021. For more information, please visit franklinresources.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210824005824/en/

Franklin Resources, Inc.

Investor Relations: Selene Oh (650) 312-4091, selene.oh@franklintempleton.com

Media Relations: Matt Walsh (650) 312-2245, matthew.walsh@franklintempleton.com

investors.franklinresources.com

Source: Franklin Resources, Inc.

FAQ

What is the dividend amount for Franklin Resources (BEN)?

Franklin Resources (BEN) announced a quarterly cash dividend of $0.28 per share.

When is the dividend payment date for Franklin Resources (BEN)?

The dividend payment date is October 15, 2021.

What is the record date for the dividend for Franklin Resources (BEN)?

The record date for the dividend is September 30, 2021.

How does the current dividend compare to the previous year's dividend for Franklin Resources (BEN)?

The current dividend of $0.28 represents a 4% increase from the same quarter last year.