SAN MATEO, Calif., Dec. 12, 2017 (GLOBE NEWSWIRE) -- Franklin Resources, Inc. (the “Company”) (NYSE:BEN) announced a quarterly cash dividend in the amount of $0.23 per share payable on January 10, 2018 to stockholders of record holding shares of common stock at the close of business on December 26, 2017. The quarterly dividend of $0.23 per share represents a 15% increase over the dividends paid for the prior and the same quarter last year. The company has raised its dividend every year since 1981.
Franklin Resources, Inc. (NYSE:BEN) is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management to retail, institutional and sovereign wealth clients in over 170 countries. Through specialized teams, the Company has expertise across all asset classes—including equity, fixed income, alternative and custom solutions. The Company’s more than 650 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With offices in more than 30 countries, the California–based company has 70 years of investment experience and over $753 billion in assets under management as of November 30, 2017. For more information, please visit investors.franklinresources.com.
FROM: Franklin Resources, Inc.
Investor Relations: Brian Sevilla (650) 312-4091
Media Relations: Matt Walsh (650) 312-2245
Source:Franklin Resources, Inc.