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 2024-11-27. Ex dividend date: 2024-11-01
• Franklin Financial Services annual dividend for 2024 was $1.28
• Franklin Financial Services annual dividend for 2023 was $1.28
• Franklin Financial Services's trailing twelve-month (TTM) dividend yield is 4.89%
• Franklin Financial Services's payout ratio for the trailing twelve months (TTM) is 39.73%
• 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 |
---|---|---|---|
2024-11-01 | $0.32 | quarterly | 2024-11-27 |
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 4.89%. Interested in purchasing Franklin Financial Services stock? Use our calculator to estimate your expected dividend yield:
Franklin Financial Services Financial Ratios
Franklin Financial Services Dividend FAQ
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.
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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. 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.
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.