Franklin Resources's last quarterly dividend of $0.29 per share was on Sep 29, 2022 (ex-date). At an annualized rate of $1.16 per share, the stock yields 5.17%.
BEN has a dividend yield of 5.17% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.89%, Franklin Resources's dividend yield is 79% higher. The historical 5-year average of BEN's dividend yield is 3.8%, which is lower than the current one.
Franklin Resources has a history of paying dividends since 1995. Our records of BEN show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 3.6% since one year ago. And with the stock price down by 25% from a year ago, the dividend yield marks an increase of 39%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 29, 2022 | Oct 14, 2022 | Aug 29, 2022 | $0.29 | normal |
| Jun 29, 2022 | Jul 15, 2022 | Jun 8, 2022 | $0.29 | normal |
| Mar 30, 2022 | Apr 14, 2022 | Feb 23, 2022 | $0.29 | normal |
| Dec 30, 2021 | Jan 14, 2022 | Dec 14, 2021 | $0.29 | normal |
| Sep 29, 2021 | Oct 15, 2021 | Aug 24, 2021 | $0.28 | normal |
| Jun 29, 2021 | Jul 15, 2021 | Jun 8, 2021 | $0.28 | normal |
| Mar 30, 2021 | Apr 15, 2021 | Feb 9, 2021 | $0.28 | normal |
| Dec 30, 2020 | Jan 15, 2021 | Dec 15, 2020 | $0.28 | normal |
| Sep 29, 2020 | Oct 15, 2020 | Aug 28, 2020 | $0.27 | normal |
| Jul 14, 2020 | Jul 27, 2020 | Jun 30, 2020 | $0.27 | normal |
| Mar 30, 2020 | Apr 13, 2020 | Feb 11, 2020 | $0.27 | normal |
| Dec 30, 2019 | Jan 10, 2020 | Dec 10, 2019 | $0.27 | normal |
| Sep 27, 2019 | Oct 11, 2019 | Sep 5, 2019 | $0.26 | normal |
| Jun 27, 2019 | Jul 12, 2019 | Jun 12, 2019 | $0.26 | normal |
| Mar 28, 2019 | Apr 12, 2019 | Feb 12, 2019 | $0.26 | normal |
| Dec 28, 2018 | Jan 11, 2019 | Dec 11, 2018 | $0.26 | normal |
| Sep 27, 2018 | Oct 12, 2018 | Aug 28, 2018 | $0.23 | normal |
| Jun 28, 2018 | Jul 13, 2018 | Jun 12, 2018 | $0.23 | normal |
| Mar 28, 2018 | Apr 12, 2018 | Feb 14, 2018 | $3 | special |
| Mar 28, 2018 | Apr 12, 2018 | Feb 14, 2018 | $0.23 | normal |
| Dec 22, 2017 | Jan 10, 2018 | Dec 12, 2017 | $0.23 | normal |
| Sep 28, 2017 | Oct 13, 2017 | Aug 23, 2017 | $0.2 | normal |
| Jun 28, 2017 | Jul 14, 2017 | Jun 14, 2017 | $0.2 | normal |
| Mar 29, 2017 | Apr 13, 2017 | Feb 15, 2017 | $0.2 | normal |
| Dec 28, 2016 | Jan 13, 2017 | Dec 13, 2016 | $0.2 | normal |
| Sep 28, 2016 | Oct 14, 2016 | Sep 6, 2016 | $0.18 | normal |
| Jun 28, 2016 | Jul 15, 2016 | Jun 14, 2016 | $0.18 | normal |
| Mar 29, 2016 | Apr 15, 2016 | $0.18 | normal | |
| Dec 24, 2015 | Jan 13, 2016 | Dec 15, 2015 | $0.18 | normal |
| Sep 28, 2015 | Oct 15, 2015 | Sep 16, 2015 | $0.15 | normal |
BEN has a payout ratio of 34.3% which is higher than the Financial Services sector and its peers average but lower than the industry average. If we compare it with the Financial Services sector average of 30.2%, Franklin Resources's payout ratio is 14% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BEN Franklin Resources Inc | 4.95% | $1.16 | 34.3% |
| IVZ Invesco Ltd | 4.67% | $0.72 | 30.7% |
| TROW Price T Rowe Group Inc | 4.13% | $4.68 | 44.8% |
| BLK BlackRock Inc | 3.17% | $18.77 | 48.8% |
Yes, Franklin Resources has been paying dividends for the last 27 years.
BEN hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in December 2022.
Franklin Resources's last regular dividend was on Sep 29, 2022 (ex-date) with the amount of $0.29 per share.
BEN's annualized dividend per share is $1.16.
Franklin Resources's current dividend yield is 5.17%.
Franklin Resources has a quarterly dividend frequency.
Franklin Resources's dividend payout ratio is 34.3%.
Franklin Resources's dividend yield is higher than the Financial Services sector average.