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Franklin Resources, Inc. - BEN STOCK NEWS

Welcome to our dedicated news page for Franklin Resources (Ticker: BEN), a resource for investors and traders seeking the latest updates and insights on Franklin Resources.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Franklin Resources's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Franklin Resources's position in the market.

News
Western Asset Inflation-Linked Opportunities & Income Fund (WIW or “the Fund”; CUSIP: 95766R104) Announces Notification of Sources of Distributions
Rhea-AI Summary
Western Asset Inflation-Linked Opportunities & Income Fund [NYSE: WIW] declares distribution sources for February 29, 2024, and fiscal year 2024. The distribution per share, including net investment income, short-term and long-term capital gains, and return of capital, is outlined. Shareholders are provided with transparency regarding the fund's allocations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.63%
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none
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News
Employee Turnover and Compensation Expectations are Key Challenges Facing Employers, Franklin Templeton’s Voice of the American Workplace Survey Finds
Rhea-AI Summary
Franklin Templeton survey reveals American workers' increased concerns over financial health, with a disconnect between employer and employee priorities. Employers struggle to meet rising compensation demands while employees prioritize pay and 401(k) matches.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
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none
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News
Franklin Templeton Fund Adviser, LLC Announces Distributions for Certain Closed-End Funds Pursuant to their Managed Distribution Policy for the Months of March, April and May 2024
Rhea-AI Summary
Franklin Templeton Fund Adviser, LLC declared distributions for March, April, and May 2024 for certain closed-end funds. The funds follow a managed distribution policy to maintain consistent distribution levels. The distributions include income, capital gains, and return of capital. Shareholders should be aware of potential changes in the managed distribution policy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
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none
News
Franklin Resources, Inc. Announces Month-End Assets Under Management
Rhea-AI Summary
Franklin Resources, Inc. (Franklin Templeton) reported a growth in assets under management (AUM) to $1.60 trillion in January 2024 from $1.46 trillion in December 2023. The increase was due to acquiring Putnam Investments, despite some net outflows. Fixed Income and Equity classes saw significant increases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.73%
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none
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News
Franklin Resources, Inc. Announces Quarterly Dividend
Rhea-AI Summary
Franklin Resources, Inc. (BEN) has announced a quarterly cash dividend of $0.31 per share, payable on April 12, 2024, to stockholders of record holding shares of common stock at the close of business on March 28, 2024. This represents a 3.3% increase over the quarterly dividend paid for the same quarter last year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
Tags
dividends
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News
Western Asset Inflation-Linked Opportunities & Income Fund (WIW or “the Fund”; CUSIP: 95766R104) Announces Notification of Sources of Distributions
Rhea-AI Summary
Western Asset Inflation-Linked Opportunities & Income Fund (WIW) has announced the estimated sources of the distribution to be paid on January 31, 2024, and for the fiscal year 2024 year-to-date. The fund's estimated allocations for the January monthly distribution and cumulative estimated allocations fiscal year-to-date as of December 31, 2023, have been detailed, with 100% of the distribution coming from net investment income. Shareholders are advised not to draw any conclusions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.84%
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none
News
Franklin Resources, Inc. Announces First Quarter Results
Rhea-AI Summary
Franklin Resources, Inc. announced net income of $251.3 million or $0.50 per diluted share for the quarter ended December 31, 2023, reflecting a decrease from the previous quarter. Adjusted net income was $328.5 million, and adjusted diluted earnings per share was $0.65 for the same period. Total assets under management were $1,455.5 billion at December 31, 2023, up 6% from the previous quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
Tags
earnings
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News
Franklin Templeton Employees Embrace the Spirit of Giving Through Involved HOLIDAYS Campaign
Rhea-AI Summary
Franklin Templeton employees show their generosity and compassion through their global volunteer program, Involved, which introduced Involved HOLIDAYS to extend the spirit of giving during the holiday season. Employees around the globe participated in various volunteer activities, such as gift drives, wrapping events, meal packaging programs, and toy drives, to support charitable organizations and individuals in need.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
Tags
none
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News
Franklin Resources, Inc. Announces Month-End Assets Under Management
Rhea-AI Summary
Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) reported preliminary month-end assets under management (AUM) of $1.46 trillion at December 31, 2023, compared to $1.41 trillion at November 30, 2023. The increase in AUM reflected the impact of positive markets and long-term net inflows. For the quarter ended December 31, 2023, AUM reflected the positive impact of markets, partially offset by long-term net outflows of $5.0 billion, which include $10.8 billion of reinvested distributions. On January 1, 2024, Franklin Templeton completed the acquisition of Putnam Investments, which had total AUM of $148 billion as of December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.96%
Tags
none
News
Lexington Partners Raises $22.7 Billion for Global Secondary Fund Providing Liquidity Solutions to Owners of Private Investments
Rhea-AI Summary
Lexington Partners (Lexington) has announced the successful completion of fundraising for Lexington Capital Partners X, L.P. (LCP X) with $22.7 billion of total capital commitments, surpassing its $15 billion target. LCP X is a 2022 vintage fund that is now more than 40% committed, with a diversified portfolio of more than 50 transactions. The fund strategy focuses on the acquisition of private equity and alternative asset partnership portfolios from large-scale investors, with significant growth expected in the global secondary market in the years ahead.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
Tags
none
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Franklin Resources, Inc.

NYSE:BEN

BEN Rankings

#667 Ranked by Market Cap
#2257 Ranked by Stock Gains
#657 Ranked by Dividends

BEN Stock Data

13.01B
313.06M
40.24%
48.81%
4.15%
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San Mateo

About BEN

franklin resources, inc. [nyse:ben] is a global investment management organization with subsidiaries operating as franklin templeton (www.franklinresources.com). the products, services, information and materials referenced in this site may not be available to residents in certain jurisdictions. consult with an investment professional or contact your local franklin templeton office for more information. this site and the information contained herein is not intended to constitute an offer to sell or an invitation or solicitation of an offer to buy any product or service by franklin templeton. nothing in this website should be construed as investment, tax, legal or other advice. all investments involve risks, including potential loss of principal.linkedin is owned by a third party unaffiliated with us. we are not responsible for linkedin’s privacy, security, or terms of use policies that control this service, nor their content, software, or tools (or those of any third party’s) that are