How To Put $100 In Your Retirement Fund Each Month With Franklin Resources Stock

Franklin Resources, Inc. BEN is a publicly owned asset management holding company. Through its subsidiaries, the firm provides services to individuals, institutions, pension plans, trusts and partnerships.

It will report its Q1 2025 earnings on Jan. 27, 2025. Wall Street analysts expect the company to post an EPS of $0.56, down from $0.65 in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $2.73 billion, up from $1.99 billion in the year-ago period.

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The 52-week Franklin Resources stock price range was $18.95 to $30.32.

Franklin Resources’ dividend yield is 6.11%. During the last 12 months, it paid $1.28 per share in dividends.

The Latest On Franklin Resources

On Nov. 4, the company announced its Q4 2024 earnings, posting an adjusted EPS of $0.59, compared to the consensus estimate of $0.60 and revenues of $2.21 billion, compared to the consensus of $1.69 billion, as reported by Benzinga.

"As we reflect on our fiscal year, global markets rallied significantly despite ongoing geopolitical complexity and uncertainty. Against this backdrop, we reached a record AUM of $1.68 trillion and saw a 25% increase from the prior year in long-term inflows to $319 billion. Long-term net outflows were $32.6 billion, including $20.7 billion of reinvested distributions. Excluding Western Asset Management, our long-term net inflows were $16.0 billion," said Jenny Johnson, President and CEO of Franklin Resources.

Check out this article by Benzinga for 13 analysts' insights on Franklin Resources.

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How Can You Earn $100 Per Month As A Franklin Resources Investor?

If you want to make $100 per month – $1,200 annually – from Franklin Resources dividends, your investment value needs to be approximately $19,640, which is around 937 shares at $20.96 each. 

Understanding the dividend yield calculations: When estimating, you need two key variables – the desired annual income ($1,200) and the dividend yield (6.11% in this case). So, $1,200 / 0.0611 = $19,640 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the stock’s current price.

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The dividend yield can change over time due to fluctuating stock prices and dividend payments on a rolling basis.

For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find Franklin Resources stock an attractive option for generating $100 per month in steady income by owning 937 shares. 

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