12-11-2018, 07:46 PM
(12-11-2018, 04:39 PM)DividendGarden Wrote: Franklin Resources (NYSE: BEN) declares $0.26/share quarterly dividend, 13% increase from prior dividend of $0.23.
https://seekingalpha.com/news/3416198-fr...6-dividend
I'll take it! I'm a big fan of this company. Maybe that's imprudent, given the constantly declining AUM, but the yield is (much) higher than it appears, they have lots of cash, a low payout ratio, and aggressive buybacks. I certainly wouldn't make this a core holding, but I'm tempted to add a little at these prices (which would average my cost down).