How Franklin Resources (BEN) Leverages Cash Reserves to Reward Shareholders

Franklin Resources, Inc. (NYSE:BEN) is included among the 10 Cash-Rich Dividend Stocks to Buy Right Now.

How Franklin Resources (BEN) Leverages Cash Reserves to Reward Shareholders

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Franklin Resources, Inc. (NYSE:BEN) directs investment portfolios of equities, fixed income, alternatives, multi-asset solutions, and cash management. Its business model is defined by fees from management in terms of total AUM, which stood at $1.61 trillion in Q3 FY25.

Franklin Resources, Inc. (NYSE:BEN) is a solid dividend stock, and therefore, it is one of the best cash-rich stocks. The corporation pays a quarterly dividend of $0.32 a share and enjoys a current dividend yield of 5.50%, as of September 27. BEN has provided shareholders with growing dividends for 49 consecutive years.

Franklin Resources, Inc. (NYSE:BEN) has the benefit of scale, broad product offerings, and distribution capabilities around the world. It draws customer assets in the form of mutual funds, ETFs, separately managed accounts, and alternative strategies. Success drivers include maintaining gigantic-scale AUM, positioning products in line with shifting market trends, and integrating acquisitions like Putnam and Apera Asset Management effectively.

While we acknowledge the potential of BEN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BEN and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.