Profile
Sector:
Financial ServicesIndustry:
Asset ManagementCountry:
United StatesIPO:
23 September 1983Website:
http://www.franklinresources.comNext earnings report:
26 July 2024Last dividends:
28 June 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:01:53 GMTAnalysts recommendations
Institutional Ownership
BEN Latest News
Despite the overall market rallying in recent months, several dividend stocks have lagged behind, presenting unique opportunities for income-oriented investors. For those seeking value and steady payouts, these undervalued dividend stocks offer a rare chance to capitalize on robust performance.
24/7 Insights With the second quarter winding up, some insiders are making sizable purchases of stock.
24/7 Insights Passive income is an easy way to supplement retirement and pension distributions.
Franklin's (BEN) strategic acquisitions, robust distribution platforms and diversification efforts are likely to drive revenue and AUM growth. However, rising costs and concentrated revenues are woes.
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. Announces Month-End Assets Under Management.
JACKSON, Wyo., May 29, 2024 (GLOBE NEWSWIRE) -- Brand Engagement Network Inc. (“BEN”) (Nasdaq: BNAI), an emerging provider of personalized customer engagement AI, today announced that Co-CEO Paul Chang will present at the Maxim Group's 2024 Virtual Tech Conference (Charting the Course: Navigating the Intersection of TMT and Business in the AI Era). The presentation will take place virtually on Wednesday, June 5, 2024 at 12:30 p.m. ET. A live webcast and replay will be available on the Company's investor relations website.
Franklin Resources shares have returned 4.14% since my previous review, compared to 21.7% for the S&P 500. I believe that buying back into Franklin Resources is a worthwhile investment due to a relatively secure dividend and positive risk premium. The company's financial snapshot shows a decline in sales and net income, but the capital structure appears less risky with a decrease in debt.
Solid dividend-yielding stocks are highly desirable amid the current uncertain macroeconomic environment. One such stock from the investment management industry is Franklin (BEN).
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (the “Company”) [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.31 per share payable on July 12, 2024 to stockholders of record holding shares of common stock at the close of business on June 28, 2024. The quarterly dividend of $0.31 per share is equivalent to the dividend paid for the prior quarter and represents a 3.3% increase over the quarterly dividend paid for the same quarter last year. About Franklin Templet.
Franklin Resources, Inc. (NYSE:BEN) will be hosting their Q1 2024 Earnings Conference Call on April 29, 2024 at 11:00 AM ET. Presenting on the call will be Selene Oh, Jenny Johnson, Matt Nicholls, and Adam Spector. Participants on the call include Craig Siegenthaler, Glenn Schorr, Dan Fannon, Ken Worthington, Alex Blostein, and Bill Katz. The operator for the call is Sylvie. Welcome to the Franklin Resources Earnings Conference Call for the quarter ended March 31, 2024.
What type of business is Franklin Resources?
Franklin Resources, Inc. is an American investment company headquartered in San Mateo, California, operating through a number of subsidiaries worldwide. It was founded in 1947. The company specializes in investment management services, institutional investment management, alternative investment management strategies, capital management, and more. In addition to investment management, services include fund administration, sales and distribution, as well as shareholder services. All products and services are offered directly or through third parties under well-known brands such as Franklin, Templeton, Balanced Equity Management, Benefit Street Partners, Darby, Edinburgh Partners, Fiduciary Trust, Franklin Bissett, Franklin Mutual Series, K2, and Liberty Shares.
What sector is Franklin Resources in?
Franklin Resources is in the Financial Services sector
What industry is Franklin Resources in?
Franklin Resources is in the Asset Management industry
What country is Franklin Resources from?
Franklin Resources is headquartered in United States
When did Franklin Resources go public?
Franklin Resources initial public offering (IPO) was on 23 September 1983
What is Franklin Resources website?
https://www.franklinresources.com
Is Franklin Resources in the S&P 500?
Yes, Franklin Resources is included in the S&P 500 index
Is Franklin Resources in the NASDAQ 100?
No, Franklin Resources is not included in the NASDAQ 100 index
Is Franklin Resources in the Dow Jones?
No, Franklin Resources is not included in the Dow Jones index
When does Franklin Resources report earnings?
The next expected earnings date for Franklin Resources is 26 July 2024