Franklin Lifts Dividend & Expands Repurchase Plan: Is it Sustainable?

Key Takeaways BEN raised its quarterly dividend to 33 cents per share, extending its annual hike streak since 1981.BEN expanded its repurchase plan to 40 million shares, retiring stock to reduce share count and boost value.Decent liquidity of $5.6B and no short-term debt support dividends and opportunistic share buybacks.Franklin Resources, Inc. (BEN) recently announced a quarterly dividend increase to 33 cents per share and expanded its stock repurchase program. The dividend will be payable on Jan. 9, 2026 ...