25 High Dividend Stocks Being Targeted By Short Sellers

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

Short % of Float as of April 15: 12.45%

Dividend Yield as of April 28: 6.85%

Franklin Resources, Inc. (NYSE:BEN) is an American multinational investment management holding company, headquartered in California. As of March 31, the company reported preliminary assets under management of $1.53 trillion, marking a 2.4% decline from the prior month. The drop was driven by market-related challenges and an estimated $4 billion in long-term net outflows, with $7 billion of that coming from Western Asset Management.

Nonetheless, Franklin Resources, Inc. (NYSE:BEN) experienced a 34% year-over-year increase in long-term inflows during the first quarter of fiscal 2025, excluding reinvested distributions, and reported $17 billion in net inflows across several investment strategies. Even though total long-term outflows—excluding Western Asset—amounted to $50 billion, Franklin still achieved $18 billion in net inflows when considering all asset classes.

Franklin Resources, Inc. (NYSE:BEN) also maintains a strong dividend track record, having raised its payout for 49 consecutive years. Currently, it offers a quarterly dividend of $0.32 per share and has a dividend yield of 6.85%, as of April 28.