Franklin Resources, Inc. (NYSE:BEN) declared quarterly dividend of $ 0.27 per share, or $ 1.08 annualized.
The dividend will be payable on October 15, 2020, to stockholders of record on September 30, 2020, with an ex-dividend date of September 29, 2020.
Dividends History
wpDataTable with provided ID not found!Click Here For More Historical Dividends Of Franklin Resources, Inc.
Recent Earnings Announcement
Franklin Resources, Inc. unfold income for the third quarter of $ 0.70 per share, from the revenue of $ 1,188.00 million. The quarterly earnings increased 45.83 percent while revenues shrunk 19.55 percent compared with the same quarter last year.
According to street consensus, BEN was expected to report 3Q20 income of $ 0.55 per share from revenue of $ 1239.64 million. The bottom line results beat street analysts by $ 0.15 or 27.27 percent, at the same time, top line results fell short of analysts by $ 51.64 million or 4.17 percent.
Stock Performance
Shares of Franklin Resources, Inc. traded low $ -0.02 or -0.09 percent on Friday, reaching $ 21.33 with volume of 1.98 million shares. Franklin Resources, Inc. has traded high as $ 21.52 and has cracked $ 21.06 on the downward trend
The closing price of $ 21.33, representing a 43.19 % increase from the 52 week low of $ 14.91 and a 29.33 % decrease over the 52 week high of $ 30.21.
The company has a market capital of $ 10.57 billion and is part of the Financial Services sector and Asset Management industry.
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.
