Franklin Resources, Inc. announced a quarterly cash dividend of $0.33 per share payable on January 9, 2026.
The quarterly dividend represents a 3.1% increase over the prior quarter and the same quarter last year.
The Company's Board of Directors authorized the repurchase of up to an additional 20.8 million shares of common stock.
Quarterly Dividend Increase
The dividend is $0.33 per share, a 3.1% increase over the prior quarter.
Stock Repurchase Program Expansion
The Board authorized the repurchase of up to 20.8 million more shares, totaling 40.0 million available for repurchase.
Consistent Dividend Growth
The Company has increased its dividend every year since 1981.
- The dividend increase reflects the Company's confidence in its financial performance and commitment to returning value to shareholders.
- The stock repurchase program expansion signifies the Company's belief in the future growth potential of its stock.
Franklin Resources, Inc.'s dividend increase and stock repurchase program expansion demonstrate its strong financial position and commitment to enhancing shareholder value.