17.08 -0.27 (-1.56%)
Pre-market: 8:49AM EDT
|Bid||16.57 x 1000|
|Ask||19.00 x 900|
|Day's range||17.08 - 18.19|
|52-week range||15.29 - 35.82|
|Beta (5Y monthly)||1.25|
|PE ratio (TTM)||6.91|
|Earnings date||23-Apr-2020 - 27-Apr-2020|
|Forward dividend & yield||1.08 (5.93%)|
|1y target est||21.00|
Franklin Limited Duration Income Trust [NYSE American:FTF], a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0833 per common share, payable April 15, 2020, to shareholders of record on March 31, 2020 (Ex-Dividend Date: March 30, 2020).
Franklin Universal Trust [NYSE:FT], a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0320 per share, payable April 15, 2020, to shareholders of record on March 31, 2020 (Ex-Dividend Date: March 30, 2020).
Kevin G. Carter Joins Fiduciary Trust International as New York-Based Senior Portfolio Manager
The Franklin Limited Duration Income Trust [NYSE American:FTF] (CUSIP 35472T101) has declared a dividend of $0.0838 per common share payable March 13, 2020, to shareholders of record as of February 28, 2020. It is currently estimated that $0.0435 per share represents net investment income and $0.0403 per share represents return of principal.
Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management of $656.5 billion at February 29, 2020, compared to $688.0 billion at January 31, 2020. Assets under management were driven lower by sharp market declines as net outflows continued to moderate. Preliminary average assets under management for the quarter, through February 29, 2020, were $680.9 billion.
Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0597 per share, payable on March 31, 2020, to shareholders of record on March 16, 2020 (Ex-Dividend Date: March 13, 2020).
Templeton Global Income Fund [NYSE: GIM] today announced a monthly distribution from net investment income of $0.0277 per share, payable on March 31, 2020, to shareholders of record on March 16, 2020 (Ex-Dividend Date: March 13, 2020).
Franklin Resources (BEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Franklin Templeton announces that the previously disclosed net asset value (NAV) per share of FLSP on February 26, 2020 contained an error of greater than 1%. FLSP's NAV was restated effective as of February 27, 2020.
On announcement of the all-cash deal between Legg Mason (LM) and Franklin Resources (BEN), Moody's puts ratings of the former on review and affirms that of the latter.
Franklin Templeton today announced it will close and liquidate Franklin Liberty International Opportunities ETF (FLIO). The liquidation is anticipated to occur on or about March 23, 2020. The firm regularly reviews its investment offerings, ensuring products remain competitive and positioned to meet the evolving needs of investors.
Franklin Resources' (BEN) recently-announced acquisition with Legg Mason (LM) reflects the companies' strategic efforts for business expansion, unlocking growth opportunities.
Franklin Resources, Inc. (the "Company") [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced that it has entered into a definitive agreement to acquire Legg Mason, Inc. [NYSE:LM] for $50.00 per share of common stock in an all-cash transaction. The Company will also assume approximately $2 billion of Legg Mason’s outstanding debt. The acquisition of Legg Mason and its multiple investment affiliates, which collectively manage over $806 billion in assets as of January 31, 2020, will establish Franklin Templeton as one of the world’s largest independent, specialized global investment managers with a combined $1.5 trillion in assets under management (AUM) across one of the broadest ranges of high-quality investment teams in the industry. The combined footprint of the organization will significantly deepen Franklin Templeton’s presence in key geographies and create an expansive investment platform that is well balanced between institutional and retail client AUM. In addition, the combined platform creates a strong separately managed account business.