On May 21, Franklin Resources, Inc. (NYSE:BEN) declared a quarterly dividend of $0.32 per share, which was in line with its previous dividend.
Franklin Resources, Inc. is a California-based firm that is known for its global investment management services. The company operates in over 150 countries through its subsidiaries. Despite not increasing its latest dividend, Franklin Resources boasts one of the longest dividend growth records in the market, spanning 49 years. The company has consistently raised its dividend every year since 1981, putting it just one year away from earning the title of a Dividend King.
With a team of more than 1,500 investment professionals and a presence in key financial hubs worldwide, the firm brings over 75 years of investment expertise to the table. As of April 30, 2025, Franklin Resources, Inc. managed $1.53 trillion in assets.
The stock’s dividend yield stood at 5.92%, as recorded on May 21. BEN is set to go ex-dividend on June 27 and has climbed over 7% since the beginning of the year.
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