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Franklin Resources, Inc. Announces Quarterly Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Franklin Resources, Inc. (NYSE:BEN) has declared a quarterly cash dividend of $0.29 per share, payable on April 14, 2022, to shareholders on record as of March 31, 2022. This dividend matches the previous quarter's amount and reflects an approximate 4% increase over the same quarter last year. As of January 31, 2022, Franklin Templeton manages over $1.5 trillion in assets, highlighting its substantial presence in investment management.
Positive
Quarterly cash dividend of $0.29 per share.
4% increase in dividend compared to the same quarter last year.
Strong asset management with over $1.5 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 April 14, 2022 to stockholders of record holding shares of common stock at the close of business on March 31, 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 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 75 years of investment experience and over $1.5 trillion in assets under management as of January 31, 2022. For more information, please visit franklinresources.com.
