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Franklin Resources Inc. (NYSE:BEN) is an asset management holding company, which provides its services to individuals, institutions, pension plans, trusts, and partnerships.

The 52-week range of Franklin Resources stock price was $16.25 to $24.86.

Franklin Resources' dividend yield is 6.11%. It paid $1.28 per share in dividends during the last 12 months.

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The Latest On Franklin Resources

On May 2, the company announced its Q2 2025 earnings, posting adjusted EPS of $0.47, missing the consensus estimate of $0.49, while revenues of $2.11 billion came in above the consensus of $1.59 billion, as reported by Benzinga.

"Today's complex market environment underscores the value of diversification and global scale in our business," said CEO Jenny Johnson. "As a leading manager of public and private assets, we continue to see progress across our business, with gross sales increasing across all asset classes in our second fiscal quarter."

Check out this article by Benzinga for nine 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 938 shares at $20.94 each.

Understanding the dividend yield calculations: When making an estimate, 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 current price of the stock.

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The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.

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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 making a steady income of $100 per month by owning 938 shares of stock.

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This article How To Put $100 In Your Retirement Fund Each Month With Franklin Resources Stock originally appeared on Benzinga.com