Franklin Resources (BEN) Declares $0.18 Quarterly Dividend; Adds 50M Shares to Stock Buyback Program

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Franklin Resources, Inc. Announces Quarterly Dividend and Addition to Stock Repurchase Program

June 14, 2016 4:30 PM EDT

SAN MATEO, CA -- (Marketwired) -- 06/14/16 -- Franklin Resources, Inc. (the "company") (NYSE: BEN) announced a quarterly cash dividend in the amount of $0.18 per share payable on July 15, 2016 to stockholders of record holding shares of common stock at the close of business on June 30, 2016. The quarterly dividend of $0.18 per share is equivalent to the dividend paid for the prior quarter and represents a 20% increase over the quarterly dividend paid for the... More