Franklin Resources (BEN) has garnered notable attention due to multiple developments. The firm's struggle amidst intensifying flows and market headwinds has raised concerns. Its preliminary month-end assets under management have been announced, however, the firm has seen a $39B AUM decline, notably with its Western Asset showing a $7B loss. Despite market uncertainties, Franklin Resources is considered a high dividend yield option. This perception is further evidenced by its 6.4% yield rating as a top-ranked SAFE dividend stock, even amidst allegations of being a dividend trap. The company's Q2 performance is expected to be detailed by CEO Johnson, and despite fluctuations in the stock market, BEN has been seen as a popular stock among insiders, amidst the tariff rollout. The Q1 earnings beat and 6.3% yield have further maintained interest, even as market headwinds continue to challenge the firm. There are also concerns about legal investigations regarding potential securities law violations. Despite all these, Franklin Resources is holding steady, with its CEO looking forward to navigating the challenges of 2025.
Franklin Resources BEN News Analytics from Fri, 23 Aug 2024 07:00:00 GMT to Sat, 19 Apr 2025 10:50:07 GMT -
Rating 2
- Innovation -3
- Information 7
- Rumor -5
