BEN Franklin Resources dividend history, payout ratio & dates
Franklin Resources's last dividend of $0.31 per share was on Sep 30, 2024 (ex-date). At an annualized rate of $1.24 per share, the stock yields 6.05%.
Key dates
- BEN last dividend date: Sep 30, 2024
BEN dividend stats
vs. Financial Services sector
Dividend yield
BEN has a dividend yield of 6.05% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.77%, Franklin Resources's dividend yield is 118% higher. The historical 5-year average of BEN's dividend yield is 4.6%, which is lower than the current one.
Dividend history
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 3.3% since one year ago. And with the stock price down by 31% from a year ago, the dividend yield marks an increase of 49%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 30, 2024 | $0.31 | 6.15% |
| Jun 28, 2024 | $0.31 | 5.5% |
| Mar 27, 2024 | $0.31 | 4.42% |
| Jan 2, 2024 | $0.31 | 4.13% |
| Sep 28, 2023 | $0.3 | 4.91% |
| Jun 29, 2023 | $0.3 | 4.44% |
| Mar 30, 2023 | $0.3 | 4.49% |
| Dec 29, 2022 | $0.3 | 4.36% |
| Sep 29, 2022 | $0.29 | 5.23% |
| Jun 29, 2022 | $0.29 | 4.94% |
| Mar 30, 2022 | $0.29 | 4.02% |
| Dec 30, 2021 | $0.29 | 3.38% |
| Sep 29, 2021 | $0.28 | 3.68% |
| Jun 29, 2021 | $0.28 | 3.48% |
| Mar 30, 2021 | $0.28 | 3.75% |
| Dec 30, 2020 | $0.28 | 4.4% |
| Sep 29, 2020 | $0.27 | 5.39% |
| Jul 14, 2020 | $0.27 | 5.15% |
| Mar 30, 2020 | $0.27 | 5.97% |
| Dec 30, 2019 | $0.27 | 4.07% |
| Sep 27, 2019 | $0.26 | 3.63% |
| Jun 27, 2019 | $0.26 | 2.91% |
| Mar 28, 2019 | $0.26 | 2.98% |
| Dec 28, 2018 | $0.26 | 3.26% |
| Sep 27, 2018 | $0.23 | 2.96% |
| Jun 28, 2018 | $0.23 | 2.8% |
| Mar 28, 2018 | $0.23 | 2.52% |
| Dec 22, 2017 | $0.23 | 1.89% |
| Sep 28, 2017 | $0.2 | 1.8% |
| Jun 28, 2017 | $0.2 | 1.74% |
| Mar 29, 2017 | $0.2 | 1.84% |
| Dec 28, 2016 | $0.2 | 1.87% |
| Sep 28, 2016 | $0.18 | 2.06% |
| Jun 28, 2016 | $0.18 | 2.22% |
| Mar 29, 2016 | $0.18 | 1.69% |
| Dec 24, 2015 | $0.18 | 1.7% |
| Sep 28, 2015 | $0.15 | 2.59% |
| Jun 26, 2015 | $0.15 | 1.82% |
| Mar 27, 2015 | $0.15 | 1.74% |
Franklin Resources dividend payout ratio
Payout ratio
BEN has a payout ratio of 145.9% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 44.2%, Franklin Resources's payout ratio is 230% higher.
Total amount of dividends paid per financial year (from cash flow)
BEN dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BEN Franklin Resources Inc | 6.05% | $1.24 | 145.9% |
| IVZ Invesco Ltd | 4.7% | $0.82 | N/A |
| TROW Price T Rowe Group Inc | 4.27% | $4.96 | 54.2% |
| BLK BlackRock Inc | 1.98% | $20.4 | 50.2% |
| AMG Affiliated Managers Group Inc | 0.02% | $0.04 | 0.2% |
Frequently asked questions
Does Franklin Resources pay a dividend?
Yes, Franklin Resources has been paying dividends for the last 30 years.
When was BEN's last dividend?
Franklin Resources's last regular dividend was on Sep 30, 2024 (ex-date) with the amount of $0.31 per share.
How much dividend does Franklin Resources pay (per share)?
BEN's annualized dividend per share is $1.24.
What is Franklin Resources's dividend yield?
Franklin Resources's current dividend yield is 6.05%.
How often does Franklin Resources pay dividends?
Franklin Resources has a quarterly dividend frequency.
What is Franklin Resources's dividend payout ratio?
Franklin Resources's dividend payout ratio is 145.9%.
Does Franklin Resources pay a good dividend?
Franklin Resources's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.