On May 21, Franklin Resources, Inc. (NYSE:BEN) declared a quarterly dividend of $0.32 per share, which was in line with its previous dividend.Franklin Resources, Inc. (BEN) Maintains Quarterly Dividend at $0.32 per Share

Franklin Resources, Inc. (NYSE:BEN) is a California-based firm that is known for its global investment management services. The company operates in over 150 countries through its subsidiaries. Despite not increasing its latest dividend, Franklin Resources boasts one of the longest dividend growth records in the market, spanning 49 years. The company has consistently raised its dividend every year since 1981, putting it just one year away from earning the title of a Dividend King.

With a team of more than 1,500 investment professionals and a presence in key financial hubs worldwide, the firm brings over 75 years of investment expertise to the table. As of April 30, 2025, Franklin Resources, Inc. (NYSE:BEN) managed $1.53 trillion in assets.

The stock's dividend yield stood at 5.92%, as recorded on May 21. BEN is set to go ex-dividend on June 27 and has climbed over 7% since the beginning of the year.

While we acknowledge the potential of BEN as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than BEN but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the dirt cheap dividend stock.

READ MORE: 10 Unstoppable Dividend Stocks to Buy Now and 25 High Dividend Stocks Being Targeted By Short Sellers

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