Franklin Financial Services Corporation operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to small and medium-sized businesses, individuals, governmental entities, and non-profit organizations in Pennsylvania. It offers various deposit products, including checking, savings, money management, and time deposit accounts, as well as demand deposits. The company also provides commercial real estate, construction and land development, agricultural, commercial and industrial, and residential mortgage loans, as well as installment and revolving loans to consumers; and secured and unsecured commercial and industrial loans, including accounts receivable and inventory financing, and commercial equipment financing. In addition, it offers various investment and trust services comprising estate planning and administration, corporate and personal trust fund management, pension, and profit sharing and other employee benefit funds management services, as well as custodial services; sells mutual funds, annuities, and insurance products; and offers safe deposit facilities and fiduciary services. Further, the company, through its subsidiary, Franklin Future Fund Inc., operates as a non-bank investment company that makes venture capital investments. It operates twenty-two community banking offices in Franklin, Cumberland, Fulton, and Huntingdon counties, Pennsylvania. Franklin Financial Services Corporation was founded in 1906 and is headquartered in Chambersburg, Pennsylvania.
Franklin Financial Services Dividend Announcement
• Franklin Financial Services announced a quarterly dividend of $0.32 per ordinary share which will be made payable on 2024-08-28. Ex dividend date: 2024-08-02
• Franklin Financial Services annual dividend for 2024 was $0.96
• Franklin Financial Services annual dividend for 2023 was $1.28
• Franklin Financial Services's trailing twelve-month (TTM) dividend yield is 4.19%
• Franklin Financial Services's payout ratio for the trailing twelve months (TTM) is 40.77%
• Franklin Financial Services's dividend growth over the last five years (2018-2023) was 4.04% year
• Franklin Financial Services's dividend growth over the last ten years (2013-2023) was 6.53% year
Franklin Financial Services Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-02 | $0.32 | quarterly | 2024-08-28 |
| 2024-05-01 | $0.32 | quarterly | 2024-05-22 |
| 2024-01-31 | $0.32 | quarterly | 2024-02-28 |
| 2023-11-02 | $0.32 | quarterly | 2023-11-22 |
| 2023-08-03 | $0.32 | quarterly | 2023-08-23 |
| 2023-05-04 | $0.32 | quarterly | 2023-05-24 |
| 2023-02-02 | $0.32 | quarterly | 2023-02-22 |
| 2022-11-01 | $0.32 | quarterly | 2022-11-28 |
| 2022-08-04 | $0.32 | quarterly | 2022-08-24 |
| 2022-05-05 | $0.32 | quarterly | 2022-05-25 |
| 2022-02-03 | $0.32 | quarterly | 2022-02-23 |
| 2021-11-04 | $0.32 | quarterly | 2021-11-24 |
| 2021-08-05 | $0.32 | quarterly | 2021-08-25 |
| 2021-05-06 | $0.31 | quarterly | 2021-05-26 |
| 2021-02-04 | $0.30 | quarterly | 2021-02-24 |
| 2020-11-05 | $0.30 | quarterly | 2020-11-25 |
| 2020-08-06 | $0.30 | quarterly | 2020-08-26 |
| 2020-04-30 | $0.30 | quarterly | 2020-05-27 |
| 2020-02-06 | $0.30 | quarterly | 2020-02-26 |
| 2019-10-31 | $0.30 | quarterly | 2019-11-27 |
| 2019-08-01 | $0.30 | quarterly | 2019-08-28 |
| 2019-05-02 | $0.30 | quarterly | 2019-05-22 |
| 2019-01-31 | $0.27 | quarterly | 2019-02-27 |
| 2018-11-01 | $0.27 | quarterly | 2018-11-28 |
| 2018-08-02 | $0.27 | quarterly | 2018-08-22 |
| 2018-05-03 | $0.27 | quarterly | 2018-05-23 |
| 2018-02-01 | $0.24 | quarterly | 2018-02-28 |
| 2017-11-02 | $0.24 | quarterly | 2017-11-22 |
| 2017-08-02 | $0.24 | quarterly | 2017-08-23 |
| 2017-05-03 | $0.21 | quarterly | 2017-05-24 |
| 2017-02-01 | $0.21 | quarterly | 2017-02-22 |
| 2016-11-02 | $0.21 | quarterly | 2016-11-23 |
| 2016-08-03 | $0.21 | quarterly | 2016-08-24 |
| 2016-05-04 | $0.21 | quarterly | 2016-05-25 |
| 2016-02-03 | $0.19 | quarterly | 2016-02-24 |
| 2015-11-04 | $0.19 | quarterly | 2015-11-25 |
| 2015-08-05 | $0.19 | quarterly | 2015-08-26 |
| 2015-05-06 | $0.19 | quarterly | 2015-05-27 |
| 2015-02-04 | $0.17 | quarterly | 2015-02-25 |
| 2014-11-05 | $0.17 | quarterly | 2014-11-26 |
| 2014-08-06 | $0.17 | quarterly | 2014-08-27 |
| 2014-05-07 | $0.17 | quarterly | 2014-05-28 |
| 2014-02-05 | $0.17 | quarterly | 2014-02-26 |
| 2013-11-06 | $0.17 | quarterly | 2013-11-27 |
| 2013-08-07 | $0.17 | quarterly | 2013-08-28 |
| 2013-05-08 | $0.17 | quarterly | 2013-05-22 |
| 2013-02-06 | $0.17 | quarterly | 2013-02-27 |
Franklin Financial Services Dividend per year
Franklin Financial Services Dividend growth
Franklin Financial Services Dividend Yield
Franklin Financial Services current trailing twelve-month (TTM) dividend yield is 4.19%. Interested in purchasing Franklin Financial Services stock? Use our calculator to estimate your expected dividend yield:
Franklin Financial Services Financial Ratios
P/E ratio9.75
PEG ratio0.71
P/B ratio0.98
ROE10.60%
Payout ratio40.77%
Current ratio0.19
Quick ratio0.19
Cash Ratio0.19
Franklin Financial Services Dividend FAQ
How much is the next Franklin Financial Services dividend?
Franklin Financial Services's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Franklin Financial Services dividend. The next Franklin Financial Services dividend will be released in February, May, August, or November.
When is Franklin Financial Services dividend paid?
Franklin Financial Services pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Franklin Financial Services pay?
The specific amount of Franklin Financial Services dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Franklin Financial Services's dividend history.
Does Franklin Financial Services stock pay dividends?
Yes, Franklin Financial Services does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Franklin Financial Services's dividend history.
How much dividend does Franklin Financial Services pay?
Franklin Financial Services paid $0.96 in 2024, $1.28 in 2023, $1.28 in 2022, $1.25 in 2021, and $1.2 in 2020.
How often does Franklin Financial Services pay dividends?
Franklin Financial Services typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Franklin Financial Services's dividend yield?
The current dividend yield for Franklin Financial Services is 4.19%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Franklin Financial Services's exact dividend yield.
When does Franklin Financial Services go ex dividend?
Franklin Financial Services's ex-dividend date for the latest dividend was on 2024-08-02. Franklin Financial Services typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Franklin Financial Services dividend paid?
Franklin Financial Services pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Franklin Financial Services increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Franklin Financial Services will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Franklin Financial Services dividend per share?
Franklin Financial Services paid $0.96 per share in 2024 and $1.28 per share in 2023. The amount of dividend per share that Franklin Financial Services pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Franklin Financial Services a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Franklin Financial Services a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Franklin Financial Services a dividend stock?
Yes, Franklin Financial Services is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Franklin Financial Services a good dividend stock?
Whether Franklin Financial Services is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Franklin Financial Services has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Franklin Financial Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Franklin Financial Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Franklin Financial Services pay dividends monthly?
Franklin Financial Services typically pays dividends on a quarterly basis.
Does Franklin Financial Services pay dividends quarterly?
Franklin Financial Services currently pays dividends on a quarterly basis.
Has Franklin Financial Services ever paid a dividend?
Yes, Franklin Financial Services has a history of paying dividends to its shareholders. Franklin Financial Services is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Franklin Financial Services dividend stocks?
To buy Franklin Financial Services you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Franklin Financial Services stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Franklin Financial Services stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Franklin Financial Services pay dividends 2024?
Franklin Financial Services pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-28. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Franklin Financial Services increase its dividend in 2024?
Decisions regarding Franklin Financial Services dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Franklin Financial Services dividend overview you can look into the above table of dividend history.
How Franklin Financial Services dividend works?
The Franklin Financial Services dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Franklin Financial Services's dividend process works:
1. Determination of Dividend: Franklin Financial Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Franklin Financial Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Franklin Financial Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Franklin Financial Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Franklin Financial Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Franklin Financial Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Franklin Financial Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Franklin Financial Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Franklin Financial Services dividends paid?
Franklin Financial Services dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Franklin Financial Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Franklin Financial Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Franklin Financial Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Franklin Financial Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Franklin Financial Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Franklin Financial Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Franklin Financial Services pay dividends?
Franklin Financial Services typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Franklin Financial Services pay dividends?
The general pattern is that Franklin Financial Services pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Franklin Financial Services dividend safe?
The safety of Franklin Financial Services's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Franklin Financial Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Franklin Financial Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Franklin Financial Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Franklin Financial Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.