Franklin Financial Services's most recent dividend payment of $0.32 per share was made to shareholders on record before Nov 1, 2024. The payout stands at $1.28 per share annually, which works out to a dividend yield of 3.81%.
Franklin Financial Services's dividend yield of 3.81% is higher than the Financial Services sector and the industry average but lower than its peers average. In comparison with the Financial Services sector average of 2.55%, Franklin Financial Services's dividend yield is 49% higher. The historical 5-year average of FRAF's dividend yield is 4.2%, which is higher than the current one.
Franklin Financial Services has a dividend history dating as far as 1994, but lately the company has been paying dividends for the last 26 consecutive years. According to our data FRAF has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. However since the stock price has gone up by 1.5% from a year ago, the dividend yield has decreased by 1.5%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Nov 1, 2024 | $0.32 | 3.91% |
Aug 2, 2024 | $0.32 | 3.96% |
May 1, 2024 | $0.32 | 4.34% |
Jan 31, 2024 | $0.32 | 3.96% |
Nov 2, 2023 | $0.32 | 4.01% |
Aug 3, 2023 | $0.32 | 4.34% |
May 4, 2023 | $0.32 | 5.25% |
Feb 2, 2023 | $0.32 | 3.84% |
Nov 1, 2022 | $0.32 | 3.95% |
Aug 4, 2022 | $0.32 | 4% |
May 5, 2022 | $0.32 | 4.08% |
Feb 3, 2022 | $0.32 | 3.76% |
Nov 4, 2021 | $0.32 | 3.87% |
Aug 5, 2021 | $0.32 | 3.73% |
May 6, 2021 | $0.31 | 4.05% |
Feb 4, 2021 | $0.3 | 4.13% |
Nov 5, 2020 | $0.3 | 5.16% |
Aug 6, 2020 | $0.3 | 4.8% |
Apr 30, 2020 | $0.3 | 5.19% |
Feb 6, 2020 | $0.3 | 3.27% |
Oct 31, 2019 | $0.3 | 2.51% |
Aug 1, 2019 | $0.3 | 1.67% |
May 2, 2019 | $0.3 | 0.78% |
Franklin Financial Services's payout ratio of 40% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 44%, Franklin Financial Services's payout ratio is 9% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
CZNC Citizens & Northern Corp | 5.41% | $1.12 | 77.8% |
EGBN Eagle Bancorp Inc | 5.15% | $1.52 | N/A |
UBCP United Bancorp Inc | 5.09% | $0.67 | 48.8% |
WSBC Wesbanco Inc | 3.95% | $1.44 | 68.9% |
FRAF Franklin Financial Services Corp. | 3.81% | $1.28 | 40% |
HBNC Horizon Bancorp Inc | 3.45% | $0.64 | 133.3% |
TMP Tompkins Financial Corp | 3.2% | $2.44 | 52.5% |
CIVB Civista Bancshares Inc | 2.79% | $0.64 | 32% |
MBWM Mercantile Bank Corp | 2.78% | $1.4 | 28.2% |
Yes, Franklin Financial Services has been paying dividends for the last 26 years.
Franklin Financial Services's last dividend ex-date was on Nov 1, 2024. The dividend amount was $0.32 per share.
FRAF's annualized dividend per share is $1.28.
The current dividend yield of Franklin Financial Services is 3.81%.
Franklin Financial Services has a quarterly dividend frequency.
Franklin Financial Services's dividend payout ratio is 40%.
Franklin Financial Services's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.