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Franklin Resources (Franklin Resources) 5-Year Dividend Growth Rate : 5.00% (As of Dec. 2023)


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What is Franklin Resources 5-Year Dividend Growth Rate?

Franklin Resources's Dividends per Share for the three months ended in Dec. 2023 was $0.31.

During the past 12 months, Franklin Resources's average Dividends Per Share Growth Rate was 3.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Franklin Resources was 73.20% per year. The lowest was 3.60% per year. And the median was 13.90% per year.

Franklin Resources's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.48. As of today, Franklin Resources's Dividend Yield % is 4.88%.

Good Sign:

Franklin Resources Inc stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Franklin Resources's 5-Year Dividend Growth Rate

For the Asset Management subindustry, Franklin Resources's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Franklin Resources's 5-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin Resources's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Franklin Resources's 5-Year Dividend Growth Rate falls into.



Franklin Resources 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Franklin Resources  (NYSE:BEN) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Franklin Resources's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.31/ 0.65
=0.48

During the past 13 years, the highest Dividend Payout Ratio of Franklin Resources was 0.63. The lowest was 0.13. And the median was 0.31.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Franklin Resources Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3102024-03-272024-03-282024-04-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.3102024-01-022024-01-032024-01-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-09-282023-09-292023-10-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-06-292023-06-302023-07-14Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Franklin Resources's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.22/24.99
=4.88 %

Current Share Price is $24.99.
Franklin Resources's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.22.

During the past 13 years, the highest Dividend Yield of Franklin Resources was 6.79%. The lowest was 0.67%. And the median was 2.82%.

Good Sign:

Franklin Resources Inc stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Franklin Resources 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Franklin Resources's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Franklin Resources (Franklin Resources) Business Description

Traded in Other Exchanges
Address
One Franklin Parkway, San Mateo, CA, USA, 94403
Franklin Resources provides investment services for individual and institutional investors. At the end of October 2023, Franklin had $1.335 trillion in managed assets, composed primarily of equity (31%), fixed-income (35%), multi-asset/balanced (11%) funds, alternatives (19%) and money market funds (4%). Distribution tends to be weighted equally between retail investors (50% of AUM) and institutional accounts (48%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the U.S.-based asset managers we cover, with more than a third of its assets under management invested in global/international strategies and 29% of managed assets sourced from clients domiciled outside the United States.
Executives
Alok Sethi officer: Reg. S-K Executive Officer ONE FRANKLING PARKWAY, SAN MATEO CA 94403
Mariann H Byerwalter director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY 920/2, SAN MATEO CA 94403
Terrence Murphy officer: Section 16 Officer CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE, 4TH FLOOR, STAMFORD CT 06902
Jennifer M Johnson officer: Senior Vice President C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Jed A. Plafker officer: Reg. S-K Executive Officer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Thomas C Merchant officer: EVP, General Counsel LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Gwen L Shaneyfelt officer: Chief Accounting Officer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Karen Matsushima King director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
John Y Kim director 51 MADISON AVENUE, NEW YORK NY 10010
John W Thiel director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Alexander S Friedman director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Adam Benjamin Spector officer: EVP, Global Advisory Services 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Craig Steven Tyle officer: Exec VP and General Counsel ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Anthony Noto director C/O SOFI TECHNOLOGIES, INC., 234 1ST STREET, SAN FRANCISCO CA 94105
Johnson Rupert H Jr director, 10 percent owner, officer: Vice Chairman C/O FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403

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