Latest news with #FranklinResources
Yahoo
21-05-2025
- Business
- Yahoo
Franklin Resources, Inc. (BEN) Maintains Quarterly Dividend at $0.32 per Share
On May 21, Franklin Resources, Inc. (NYSE:BEN) declared a quarterly dividend of $0.32 per share, which was in line with its previous dividend. Franklin Resources, Inc. (NYSE:BEN) is a California-based firm that is known for its global investment management services. The company operates in over 150 countries through its subsidiaries. Despite not increasing its latest dividend, Franklin Resources boasts one of the longest dividend growth records in the market, spanning 49 years. The company has consistently raised its dividend every year since 1981, putting it just one year away from earning the title of a Dividend King. With a team of more than 1,500 investment professionals and a presence in key financial hubs worldwide, the firm brings over 75 years of investment expertise to the table. As of April 30, 2025, Franklin Resources, Inc. (NYSE:BEN) managed $1.53 trillion in assets. The stock's dividend yield stood at 5.92%, as recorded on May 21. BEN is set to go ex-dividend on June 27 and has climbed over 7% since the beginning of the year. While we acknowledge the potential of BEN as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than BEN but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the . READ MORE: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Franklin Resources, Inc. (BEN) Maintains Quarterly Dividend at $0.32 per Share
On May 21, Franklin Resources, Inc. (NYSE:BEN) declared a quarterly dividend of $0.32 per share, which was in line with its previous dividend. Franklin Resources, Inc. (NYSE:BEN) is a California-based firm that is known for its global investment management services. The company operates in over 150 countries through its subsidiaries. Despite not increasing its latest dividend, Franklin Resources boasts one of the longest dividend growth records in the market, spanning 49 years. The company has consistently raised its dividend every year since 1981, putting it just one year away from earning the title of a Dividend King. With a team of more than 1,500 investment professionals and a presence in key financial hubs worldwide, the firm brings over 75 years of investment expertise to the table. As of April 30, 2025, Franklin Resources, Inc. (NYSE:BEN) managed $1.53 trillion in assets. The stock's dividend yield stood at 5.92%, as recorded on May 21. BEN is set to go ex-dividend on June 27 and has climbed over 7% since the beginning of the year. While we acknowledge the potential of BEN as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than BEN but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the . READ MORE: and Disclosure. None.
Yahoo
20-05-2025
- Business
- Yahoo
Franklin Templeton Plans to Convert 10 Putnam Municipal Bond Mutual Funds into ETFs
Franklin Templeton has revealed plans to convert 10 of its Putnam municipal bond mutual funds into exchange-traded funds (ETFs), a move that significantly broadens its municipal bond ETF offerings. This development follows Franklin Resources, Inc. (NYSE:BEN) acquisition of Putnam Investments in January 2024. The transition is slated to take place between the fourth quarter of 2025 and the first quarter of 2026. Franklin Resources, Inc. (NYSE:BEN) is a global investment management firm that serves clients in more than 150 countries through its network of subsidiaries. Patrick O'Connor, who leads Global ETFs at Franklin Resources, Inc. (NYSE:BEN), indicated that the decision to convert the funds into ETFs was aimed at addressing investor demand for high-quality municipal bond strategies in a more cost-effective, flexible, and transparent format. He noted that the firm's ETF offerings are designed to provide a broad range of options for all types of investors. According to him, the planned additions demonstrate the company's ongoing commitment to this goal and represent a significant step forward as active fixed-income strategies continue to evolve within the ETF landscape. Franklin Resources, Inc. (NYSE:BEN) introduced its first ETF in 2014, aiming to offer investors access to its investment expertise through a low-cost and transparent structure. Since then, the firm has steadily grown its ETF offerings worldwide, now covering active, passive, and smart beta strategies. As of May 15, 2025, its U.S. ETF platform features more than 70 funds, managing roughly $32 billion in assets. The planned changes to its product lineup are expected to further solidify the company's standing as a leading provider of diverse ETF options across all strategy types. The firm also emphasized the ongoing importance of municipal bonds in investor portfolios, noting their appeal due to federally tax-exempt income, historically low default rates, and their role as effective diversifiers within fixed-income allocations. BEN is up by over 10% in 2025 so far. While we acknowledge the potential of BEN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BEN and that has 100x upside potential, check out our report about this cheapest AI stock. READ MORE: and Disclosure. None.
Globe and Mail
14-05-2025
- Business
- Globe and Mail
5 Highest-Yielding Dividend Aristocrats® That Could Sink or Soar (According to Analysts)
These are the five highest-yielding Dividend Aristocrats®, but are they smart buys or dangerous traps? With volatility and long-term returns in question, discover which dividend stocks may be worth holding forever and which ones investors might want to avoid. *Stock prices used were the market prices of April 30, 2025. The video was published on May 14, 2025. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Dividend Aristocrats® is a registered trademark of Standard & Poor's Financial Services LLC. Should you invest $1,000 in Franklin Resources right now? Before you buy stock in Franklin Resources, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Franklin Resources wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $613,951!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $796,353!* Now, it's worth noting Stock Advisor 's total average return is948% — a market-crushing outperformance compared to170%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of May 12, 2025 Rick Orford has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amcor Plc and Realty Income. The Motley Fool recommends T. Rowe Price Group. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Business Insider
06-05-2025
- Business
- Business Insider
Franklin Resources (BEN) Receives a Rating Update from a Top Analyst
Goldman Sachs analyst Alexander Blostein maintained a Hold rating on Franklin Resources (BEN – Research Report) yesterday and set a price target of $21.50. The company's shares closed yesterday at $20.01. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Blostein covers the Financial sector, focusing on stocks such as Franklin Resources, Invesco, and Raymond James Financial. According to TipRanks, Blostein has an average return of 19.0% and a 72.10% success rate on recommended stocks. In addition to Goldman Sachs, Franklin Resources also received a Hold from TD Cowen's William Katz in a report issued yesterday. However, on May 4, Bank of America Securities maintained a Sell rating on Franklin Resources (NYSE: BEN). The company has a one-year high of $24.86 and a one-year low of $16.25. Currently, Franklin Resources has an average volume of 4.42M. Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is neutral on the stock. Last month, Charles B. Johnson, a Major Shareholder at BEN bought 420.00 shares for a total of $7,442.40.
