Franklin Resources
BEN (NYSE)
Franklin Resources (BEN) stands out as an attractive option for income-focused investors, boasting a dividend yield of 5.41%. Despite a mixed performance—returning 35.02% over the past year but declining 3.35% over the last five years—its solid yield and recognition as a reliable dividend stock underscore its potential. Analysts maintain a stable outlook, issuing a median price target of $22.00 and generally rating it as a B, with Barclays and JP Morgan holding underweight and neutral positions, respectively.
Pros:
- High dividend yield
- Strong asset management capabilities
Cons:
- Volatility in financial markets
- Recent underperformance
Franklin Resources (BEN) may be suitable for income-focused investors seeking a reliable dividend yield, particularly given its current 5.41% yield. However, potential investors should be cautious of its long-term performance volatility, as evidenced by the negative return over the past five years, and consider their risk tolerance and investment horizon before proceeding.