Franklin Resources, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Franklin Resources, Inc. (BEN) has declared a quarterly cash dividend of $0.29 per share, payable on January 14, 2022, to stockholders on record as of December 31, 2021. This dividend marks an approximate 4% increase compared to the previous quarter and the same quarter last year. The company has consistently raised its dividend annually since 1981. As of November 30, 2021, Franklin Resources had over $1.5 trillion in assets under management and extensive global investment experience.

Positive

• Quarterly cash dividend increased by 4% to $0.29 per share.
• Consistent annual dividend increases since 1981.
• Strong financial position with over $1.5 trillion in assets under management.

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 January 14, 2022 to stockholders of record holding shares of common stock at the close of business on December 31, 2021. The quarterly dividend of $0.29 per share represents an approximately 4% increase over the dividends paid for the prior quarter and the same quarter last year. The Company has raised its dividend every year since 1981.

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 November 30, 2021. For more information, please visit franklinresources.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211214006233/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 (BEN)?

Franklin Resources declared a quarterly cash dividend of $0.29 per share.

When will the dividend for Franklin Resources (BEN) be paid?

The dividend will be paid on January 14, 2022.

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

The record date for the dividend is December 31, 2021.

How much has Franklin Resources (BEN) increased its dividend?

The dividend has increased by approximately 4% compared to the prior quarter and the same quarter last year.

How long has Franklin Resources (BEN) been raising its dividend?

Franklin Resources has raised its dividend every year since 1981.