02-15-2018, 04:18 PM
(02-15-2018, 12:52 AM)Binary Wrote: Bought BEN a week ago and taadaaaaa
Franklin Resources, Inc. (the “Company”) (NYSE:BEN) announced a special cash dividend in the amount of $3.00 per share, along with a regular quarterly cash dividend in the amount of $0.23 per share.
Nice! There's 7 percent or so of your purchase price right back in your pocket!
I bought BEN years ago, partially on the strength of their special dividend history, which does not show up in the typical div yield calculation. But this will be the first one I've gotten from them as well. But it is a doozy!