Franklin Resources, Inc. declared a quarterly cash dividend of $0.33 per share.
The dividend payment is scheduled for January 9, 2026.
The Company's Board of Directors authorized the repurchase of up to 20.8 million additional shares of its common stock.
Dividend Increase
The quarterly dividend of $0.33 per share marks a 3.1% increase from the prior quarter.
Consistent Dividend Growth
Franklin Resources, Inc. has increased its dividend annually since 1981.
Stock Repurchase Program
The Board authorized the repurchase of up to 20.8 million additional shares, adding to the existing authorization.
- The dividend increase indicates the Company's confidence in its financial stability and ability to generate profit.
- The stock repurchase program signals a strategic move to enhance shareholder value and optimize capital structure.
Franklin Resources, Inc. continues its tradition of rewarding shareholders through dividend increases and efficient capital management.