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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) announced a quarterly cash dividend of $0.29 per share, payable on July 15, 2022. This amount matches the previous quarter's dividend and marks an approximate 4% increase compared to the same quarter last year. As of April 30, 2022, the company holds approximately $1.5 trillion in assets under management and boasts over 75 years in investment experience with operations in over 155 countries.
Positive
Quarterly cash dividend of $0.29 per share, a 4% increase from last year.
Company manages approximately $1.5 trillion in assets, indicating strong financial health.
Long-standing investment experience of over 75 years enhances investor confidence.
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 July 15, 2022 to stockholders of record holding shares of common stock at the close of business on June 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 $1.5 trillion in assets under management as of April 30, 2022. For more information, please visit franklinresources.com.
