Franklin Resources, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Franklin Resources, Inc. (NYSE: BEN) declared a quarterly cash dividend of $0.28 per share, payable on April 15, 2021, to shareholders on record as of March 31, 2021. This dividend matches the prior quarter's amount and demonstrates a 4% increase compared to the same quarter last year. Franklin Templeton, a global investment management firm, manages approximately $1.5 trillion in assets across more than 165 countries and has over 70 years of investment experience.

Positive

• Quarterly dividend of $0.28 per share demonstrates commitment to returning value to shareholders.
• 4% increase in dividend compared to the same quarter last year indicates positive growth and confidence.

Negative

• None.

Franklin Resources, Inc. (the “Company”) [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.28 per share payable on April 15, 2021 to stockholders of record holding shares of common stock at the close of business on March 31, 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 approximately $1.5 trillion in assets under management as of January 31, 2021. For more information, please visit franklinresources.com.

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FAQ

What is the dividend amount declared by Franklin Resources (BEN) for April 2021?

Franklin Resources declared a dividend of $0.28 per share for April 2021.

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

The dividend will be paid on April 15, 2021.

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

The record date for the dividend payment is March 31, 2021.

How much has the dividend increased from last year for Franklin Resources (BEN)?

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