SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (the “Company”) [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.27 per share payable on October 15, 2020 to stockholders of record holding shares of common stock at the close of business on September 30, 2020. The quarterly dividend of $0.27 per share is equivalent to the dividend paid for the prior quarter and represents a 4% increase over the quarterly dividend paid for the same quarter last year.
About Franklin Templeton
Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the Company brings extensive capabilities in equity, fixed income, alternatives and custom multi-asset solutions. With offices in over 30 countries and 1,300 investment professionals, the California-based company has more than 70 years of investment experience and approximately $1.4 trillion in assets under management as of July 31, 2020. For more information, please visit franklinresources.com.