Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.
Franklin Resources Dividend Announcement
• Franklin Resources announced a quarterly dividend of $0.31 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-30
• Franklin Resources annual dividend for 2024 was $1.24
• Franklin Resources annual dividend for 2023 was $0.90
• Franklin Resources's trailing twelve-month (TTM) dividend yield is 5.75%
• Franklin Resources's payout ratio for the trailing twelve months (TTM) is 138.08%
• Franklin Resources's dividend growth over the last five years (2018-2023) was -24.71% year
• Franklin Resources's dividend growth over the last ten years (2013-2023) was 1.18% year
Franklin Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.31 | quarterly | 2024-10-11 |
2024-06-28 | $0.31 | quarterly | 2024-07-12 |
2024-03-27 | $0.31 | quarterly | 2024-04-12 |
2024-01-02 | $0.31 | quarterly | 2024-01-12 |
2023-09-28 | $0.30 | quarterly | 2023-10-13 |
2023-06-29 | $0.30 | quarterly | 2023-07-14 |
2023-03-30 | $0.30 | quarterly | 2023-04-14 |
2022-12-29 | $0.30 | quarterly | 2023-01-13 |
2022-09-29 | $0.29 | quarterly | 2022-10-14 |
2022-06-29 | $0.29 | quarterly | 2022-07-15 |
2022-03-30 | $0.29 | quarterly | 2022-04-14 |
2021-12-30 | $0.29 | quarterly | 2022-01-14 |
2021-09-29 | $0.28 | quarterly | 2021-10-15 |
2021-06-29 | $0.28 | quarterly | 2021-07-15 |
2021-03-30 | $0.28 | quarterly | 2021-04-15 |
2020-12-30 | $0.28 | quarterly | 2021-01-15 |
2020-09-29 | $0.27 | quarterly | 2020-10-15 |
2020-07-14 | $0.27 | quarterly | 2020-07-27 |
2020-03-30 | $0.27 | quarterly | 2020-04-13 |
2019-12-30 | $0.27 | quarterly | 2020-01-10 |
2019-09-27 | $0.26 | quarterly | 2019-10-11 |
2019-06-27 | $0.26 | quarterly | 2019-07-12 |
2019-03-28 | $0.26 | quarterly | 2019-04-12 |
2018-12-28 | $0.26 | quarterly | 2019-01-11 |
2018-09-27 | $0.23 | quarterly | 2018-10-12 |
2018-06-28 | $0.23 | quarterly | 2018-07-13 |
2018-03-28 | $3.00 | quarterly | 2018-04-12 |
2017-12-22 | $0.23 | quarterly | 2018-01-10 |
2017-09-28 | $0.20 | quarterly | 2017-10-13 |
2017-06-28 | $0.20 | quarterly | 2017-07-14 |
2017-03-29 | $0.20 | quarterly | 2017-04-13 |
2016-12-28 | $0.20 | quarterly | 2017-01-13 |
2016-09-28 | $0.18 | quarterly | 2016-10-14 |
2016-06-28 | $0.18 | quarterly | 2016-07-15 |
2016-03-29 | $0.18 | quarterly | 2016-04-15 |
2015-12-24 | $0.18 | quarterly | 2016-01-13 |
2015-09-28 | $0.15 | quarterly | 2015-10-15 |
2015-06-26 | $0.15 | quarterly | 2015-07-15 |
2015-03-27 | $0.15 | quarterly | 2015-04-15 |
2014-12-29 | $0.65 | quarterly | 2015-01-09 |
2014-09-26 | $0.12 | quarterly | 2014-10-10 |
2014-06-26 | $0.12 | quarterly | 2014-07-11 |
2014-03-27 | $0.12 | quarterly | 2014-04-11 |
2013-12-27 | $0.12 | quarterly | 2014-01-10 |
2013-09-26 | $0.10 | quarterly | 2013-10-11 |
2013-06-20 | $0.29 | quarterly | 2013-07-08 |
2013-03-26 | $0.29 | quarterly | 2013-04-12 |
Franklin Resources Dividend per year
Franklin Resources Dividend growth
Franklin Resources Dividend Yield
Franklin Resources current trailing twelve-month (TTM) dividend yield is 5.75%. Interested in purchasing Franklin Resources stock? Use our calculator to estimate your expected dividend yield:
Franklin Resources Financial Ratios
Franklin Resources Dividend FAQ
Other factors to consider when evaluating Franklin Resources 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 Resources'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 Resources 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 Resources 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 Resources 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 Resources 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 Resources 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 Resources 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 Resources'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 Resources'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.