Franklin Resources, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Franklin Resources, Inc. (NYSE: BEN) declared a quarterly cash dividend of $0.29 per share, payable on October 14, 2022. This dividend, unchanged from the previous quarter, marks an approximate 4% increase compared to the same quarter last year. The record date for stockholders is September 30, 2022. Franklin Templeton, the operating subsidiary, manages about $1.4 trillion in assets globally, providing investment management across multiple asset classes for clients in over 155 countries.

Positive

• Quarterly cash dividend of $0.29 maintained.
• 4% increase in dividend compared to last year.
• Strong asset management with $1.4 trillion in assets.

Negative

• None.

SAN MATEO, Calif.--(BUSINESS WIRE)-- Franklin Resources, Inc. (the “Company”) [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.29 per share payable on October 14, 2022 to stockholders of record holding shares of common stock at the close of business on September 30, 2022. The quarterly dividend of $0.29 per share is equivalent to the dividend paid for the prior quarter and represents an approximately 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 155 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 offers boutique specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives, and multi-asset solutions. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has 75 years of investment experience and approximately $1.4 trillion in assets under management as of July 31, 2022. For more information, please visit franklinresources.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220829005661/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 declared by Franklin Resources, Inc. for October 2022?

The dividend amount declared is $0.29 per share.

When will the dividend for Franklin Resources, Inc. be paid?

The dividend will be paid on October 14, 2022.

What is the record date for receiving the dividend for BEN stock?

The record date for receiving the dividend is September 30, 2022.

How much does Franklin Resources, Inc. manage in assets?

Franklin Resources, Inc. manages approximately $1.4 trillion in assets.

How does the recent dividend compare to last year’s dividend?

The recent dividend represents a 4% increase over the same quarter last year.