Franklin Resources Inc. (BEN) Dividends
Dividend Yield and Dividend History Highlights
- BEN has issued more total dividends (as measured in absolute US dollars) over the past six years than 88.97% of other US stocks currently paying dividends.
- Over the past 5.5 years, BEN has averaged an annual trailing twelve month dividend growth rate of 12%.
- BEN has a compound annual growth rate of its cash flow of -0.09%, higher than about only 12.23% stocks in our dividend set.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with BEN's price: NYT, KAR, HASI, CNXN and GFI.
BEN Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $21.64 | $21.25 | -21.93% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for BEN, the DDM model, as implemented by StockNews, implies a negative return of 21.93% relative to its current price. To help understand and contextualize the model's evaluation of BEN, investors may wish to consider are:
- BEN's market cap is about 14 billion US dollars -- this puts the stock in the large-sized market cap class, and its dividend yield is greater than 89.37% of dividend yielding stocks in the same market cap class.
- A stock's beta generally indicates its volatility relative to the broader equity market; for Franklin Resources Inc, its beta is lower than 7.01% of dividend issuing stocks we observed.
- As other dividend issuers in the Financial Services sector, BEN's equity discount rate is less than 7.98% of those stocks.
BEN Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-09-30 | Dividend | $0.31 | -- |
| 2024-06-28 | Dividend | $0.31 | -- |
| 2024-03-27 | Dividend | $0.31 | -- |
| 2024-01-02 | Dividend | $0.31 | +3.33% |
| 2023-09-28 | Dividend | $0.30 | -- |
| 2023-06-29 | Dividend | $0.30 | -- |
| 2023-03-30 | Dividend | $0.30 | -- |
| 2022-12-29 | Dividend | $0.30 | +3.45% |
| 2022-09-29 | Dividend | $0.29 | -- |
| 2022-06-29 | Dividend | $0.29 | -- |
| 2022-03-30 | Dividend | $0.29 | -- |
| 2021-12-30 | Dividend | $0.29 | +3.57% |
| 2021-09-29 | Dividend | $0.28 | -- |
| 2021-06-29 | Dividend | $0.28 | -- |
| 2021-03-30 | Dividend | $0.28 | -- |
| 2020-12-30 | Dividend | $0.28 | +3.70% |
| 2020-09-29 | Dividend | $0.27 | -- |
| 2020-07-14 | Dividend | $0.27 | -- |
| 2020-03-30 | Dividend | $0.27 | -- |
| 2019-12-30 | Dividend | $0.27 | +3.85% |
| 2019-09-27 | Dividend | $0.26 | -- |
| 2019-06-27 | Dividend | $0.26 | -- |
| 2019-03-28 | Dividend | $0.26 | -- |
| 2018-12-28 | Dividend | $0.26 | +13.04% |
| 2018-09-27 | Dividend | $0.23 | -- |
| 2018-06-28 | Dividend | $0.23 | -92.88% |
| 2018-03-28 | Dividend | $3.23 | +1,304.35% |
| 2017-12-22 | Dividend | $0.23 | +15.00% |
| 2017-09-28 | Dividend | $0.20 | -- |
| 2017-06-28 | Dividend | $0.20 | -- |
| 2017-03-29 | Dividend | $0.20 | -- |
| 2016-12-28 | Dividend | $0.20 | +11.11% |
| 2016-09-28 | Dividend | $0.18 | -- |
| 2016-06-28 | Dividend | $0.18 | -- |
| 2016-03-29 | Dividend | $0.18 | -- |
| 2015-12-24 | Dividend | $0.18 | +20.00% |
| 2015-09-28 | Dividend | $0.15 | -- |
| 2015-06-26 | Dividend | $0.15 | -- |
| 2015-03-27 | Dividend | $0.15 | -76.92% |
| 2014-12-29 | Dividend | $0.65 | +441.67% |
| 2014-09-26 | Dividend | $0.12 | -- |
| 2014-06-26 | Dividend | $0.12 | -- |
| 2014-03-27 | Dividend | $0.12 | -- |
| 2013-12-27 | Dividend | $0.12 | +20.00% |
| 2013-09-26 | Dividend | $0.10 | +3.45% |
| 2013-07-26 | Split | 3-1-for-1 Stock Split | N/A |
| 2013-06-20 | Dividend | $0.29 | -- |
| 2013-03-26 | Dividend | $0.29 | -- |
| 2012-12-12 | Dividend | $0.29 | -90.33% |
| 2012-12-04 | Dividend | $3.00 | +1,011.11% |
| 2012-09-26 | Dividend | $0.27 | -- |
| 2012-06-27 | Dividend | $0.27 | -- |
| 2012-03-28 | Dividend | $0.27 | -88.11% |
| 2011-12-15 | Dividend | $2.27 | +808.00% |
| 2011-09-28 | Dividend | $0.25 | -- |
| 2011-06-28 | Dividend | $0.25 | -- |
| 2011-03-29 | Dividend | $0.25 | -- |
| 2010-12-29 | Dividend | $0.25 | +13.64% |
| 2010-09-28 | Dividend | $0.22 | -- |
| 2010-06-28 | Dividend | $0.22 | -- |
| 2010-03-29 | Dividend | $0.22 | -- |
| 2009-12-29 | Dividend | $0.22 | -92.67% |
| 2009-12-23 | Dividend | $3.00 | +1,328.57% |
| 2009-10-01 | Dividend | $0.21 | -- |
| 2009-06-26 | Dividend | $0.21 | -- |
| 2009-03-27 | Dividend | $0.21 | -- |
| 2008-12-29 | Dividend | $0.21 | +5.00% |
| 2008-10-02 | Dividend | $0.20 | -- |
| 2008-06-26 | Dividend | $0.20 | -- |
| 2008-03-26 | Dividend | $0.20 | -- |
| 2007-12-26 | Dividend | $0.20 | +33.33% |
| 2007-10-02 | Dividend | $0.15 | -- |
| 2007-06-27 | Dividend | $0.15 | -- |
| 2007-03-28 | Dividend | $0.15 | -- |
| 2006-12-26 | Dividend | $0.15 | +25.00% |
| 2006-10-02 | Dividend | $0.12 | -- |
| 2006-06-30 | Dividend | $0.12 | -- |
| 2006-03-29 | Dividend | $0.12 | -- |
| 2005-12-28 | Dividend | $0.12 | +20.00% |
| 2005-09-29 | Dividend | $0.10 | -- |
| 2005-06-30 | Dividend | $0.10 | -95.24% |
| 2005-03-29 | Dividend | $2.10 | +2,000.00% |
| 2004-12-29 | Dividend | $0.10 | +17.65% |
| 2004-09-30 | Dividend | $0.09 | -- |
| 2004-07-01 | Dividend | $0.09 | -- |
| 2004-03-29 | Dividend | $0.09 | -- |
| 2003-12-29 | Dividend | $0.09 | +13.33% |
| 2003-10-02 | Dividend | $0.08 | -- |
| 2003-06-26 | Dividend | $0.08 | -- |
| 2003-03-27 | Dividend | $0.08 | -- |
| 2002-12-27 | Dividend | $0.08 | +7.14% |
| 2002-10-03 | Dividend | $0.07 | -- |
| 2002-07-03 | Dividend | $0.07 | -- |
| 2002-03-26 | Dividend | $0.07 | -- |
| 2001-12-27 | Dividend | $0.07 | +7.69% |
| 2001-10-03 | Dividend | $0.07 | -- |
| 2001-07-02 | Dividend | $0.07 | -- |
| 2001-03-29 | Dividend | $0.07 | -- |
| 2000-12-27 | Dividend | $0.07 | +8.33% |
| 2000-09-29 | Dividend | $0.06 | -- |
| 2000-06-29 | Dividend | $0.06 | -- |
| 2000-03-29 | Dividend | $0.06 | -- |
| 1999-12-29 | Dividend | $0.06 | +9.09% |
| 1999-09-28 | Dividend | $0.06 | -1.79% |
| 1999-06-28 | Dividend | $0.06 | +1.82% |
| 1999-03-29 | Dividend | $0.06 | -- |
| 1998-12-29 | Dividend | $0.06 | +10.00% |
| 1998-09-28 | Dividend | $0.05 | -- |
| 1998-06-26 | Dividend | $0.05 | -- |
| 1998-03-27 | Dividend | $0.05 | +100.00% |
| 1998-01-16 | Split | 2-1-for-1 Stock Split | N/A |
| 1997-12-29 | Dividend | $0.05 | +11.11% |
| 1997-09-26 | Dividend | $0.05 | -- |
| 1997-06-26 | Dividend | $0.05 | +12.50% |
| 1997-03-26 | Dividend | $0.04 | +200.00% |
| 1997-01-15 | Split | 3-2-for-1 Stock Split | N/A |
| 1996-12-27 | Dividend | $0.04 | +9.08% |
| 1996-09-25 | Dividend | $0.04 | -- |
| 1996-06-26 | Dividend | $0.04 | -- |
| 1996-03-27 | Dividend | $0.04 | -- |
| 1995-12-27 | Dividend | $0.04 | +10.02% |
| 1995-09-26 | Dividend | $0.03 | -- |
| 1995-06-28 | Dividend | $0.03 | -- |
| 1995-03-28 | Dividend | $0.03 | -- |
| 1994-12-23 | Dividend | $0.03 | +24.97% |
| 1994-09-26 | Dividend | $0.03 | -- |
| 1994-06-27 | Dividend | $0.03 | -- |
| 1994-03-25 | Dividend | $0.03 | -- |
| 1993-12-27 | Dividend | $0.03 | +14.27% |
| 1993-09-24 | Dividend | $0.02 | -- |
| 1993-06-24 | Dividend | $0.02 | -- |
| 1993-03-25 | Dividend | $0.02 | -- |
| 1992-12-24 | Dividend | $0.02 | +7.71% |
| 1992-09-24 | Dividend | $0.02 | -- |
| 1992-06-24 | Dividend | $0.02 | -- |
| 1992-03-25 | Dividend | $0.02 | -- |
| 1991-12-24 | Dividend | $0.02 | +13.04% |
| 1991-09-24 | Dividend | $0.02 | -- |
| 1991-06-25 | Dividend | $0.02 | -- |
| 1991-03-22 | Dividend | $0.02 | -- |
| 1990-12-24 | Dividend | $0.02 | +15.07% |
| 1990-09-24 | Dividend | $0.02 | -- |
| 1990-06-26 | Dividend | $0.02 | -- |
| 1990-03-26 | Dividend | $0.02 | -- |
| 1989-12-22 | Dividend | $0.02 | +36.33% |
| 1989-09-25 | Dividend | $0.01 | -- |
| 1989-06-26 | Dividend | $0.01 | -- |
| 1989-03-27 | Dividend | $0.01 | +9.99% |
| 1988-12-23 | Dividend | $0.01 | -4.80% |
| 1988-09-26 | Dividend | $0.01 | +5.04% |
| 1988-06-24 | Dividend | $0.01 | -- |
| 1988-03-25 | Dividend | $0.01 | -16.65% |
| 1987-12-24 | Dividend | $0.01 | -- |
BEN Dividends vs. Peers
BEN's dividend yield currently ranks #23 of 162 vs. its peers in the Asset Management category.
Looking for More Information on BEN dividends?
Want to see what other sources are saying about Franklin Resources Inc's dividends? Try the links below:Franklin Resources Inc Common Stock (BEN) Dividend History | Nasdaq
Dividend History for Franklin Resources Inc (BEN) - Dividend Investor
Franklin Resources Inc (BEN) Dividend History - Seeking Alpha