Should You Retain Franklin (BEN) for 5.2% Dividend Yield?

Investors seeking attractive dividend yields amid the current uncertain macroeconomic environment can consider Franklin Resources, Inc. (BEN) , a fundamentally solid investment manager.The majority of BEN’s operating revenues and net income is derived from offering investment management and related services to retail mutual funds, and institutional and high-net-worth investors in jurisdictions worldwide.It announced a 3.3% hike in the common stock dividend to 31 cents in December 2023. In the past five year ...