15 Best Dividend Aristocrat Stocks with Over 3% Yield

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1. Franklin Resources, Inc. (NYSE:BEN)

Dividend Yield as of March 29: 6.64%

Franklin Resources, Inc. (NYSE:BEN) is an American multinational investment management company that serves clients in over 150 countries. The company has a strong presence in key financial markets worldwide, offering a broad range of services across various fields, including fixed income, alternative investments, equities, and multi-asset strategies. As of December 31, 2024, the company has approximately $1.6 trillion in assets under management.

In fiscal Q1 2025, Franklin Resources, Inc. (NYSE:BEN) posted a 34% growth in long-term inflows on a YoY basis, excluding reinvested distributions. The company reported $17 billion in net inflows across its different fields and investment segments. Its long-term net outflows amounted to $50 billion, excluding Western Asset Management. However, the company managed to generate $18 billion in net inflows across all asset classes.

Franklin Resources, Inc. (NYSE:BEN), one of the best dividend aristocrat stocks, offers a quarterly dividend of $0.32 per share. The company has been rewarding shareholders with growing dividends for the past 49 years and is one year away from becoming a Dividend King. As of March 29, the stock has a dividend yield of 6.64%.

Overall, Franklin Resources, Inc. (NYSE:BEN) ranks first on our list of the best dividend aristocrat stocks. While we acknowledge the potential of BEN as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than BEN but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the dirt cheap dividend stock.

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