Franklin Resources, Inc. has announced some significant updates that will impact its shareholders. Firstly, the company has declared a quarterly cash dividend of $0.33 per share, representing a 3.1% increase over the dividends paid for the prior quarter and the same quarter last year. This increase continues the company's trend of raising its dividend every year since 1981.
In addition to the dividend increase, the company's board of directors has authorized the repurchase of up to an additional 20.8 million shares of its common stock. This brings the total available for repurchase to up to 40.0 million shares, with approximately 19.2 million shares remaining available for repurchase at the end of November 2025. The stock repurchase program is not subject to an expiration date, and shares repurchased under the program are retired.
These updates come from Franklin Resources, Inc., a global investment management organization with subsidiaries operating as Franklin Templeton, serving clients in over 150 countries. The company has more than 1,600 investment professionals, offices in major financial markets around the world, over 75 years of investment experience, and $1.67 trillion in assets under management as of November 30, 2025. As a result of these announcements, the company's shares have moved 1.0% on the market, and are now trading at a price of $23.705. For more information, read the company's full 8-K submission here.
