|Bid||0.00 x 1800|
|Ask||0.00 x 3000|
|Day's range||20.31 - 21.00|
|52-week range||14.91 - 35.77|
|Beta (5Y monthly)||1.30|
|PE ratio (TTM)||10.41|
|Earnings date||28 Jul 2020 - 03 Aug 2020|
|Forward dividend & yield||1.08 (5.30%)|
|Ex-dividend date||14 Jul 2020|
|1y target est||20.50|
Top Ranked Value Stocks to Buy for July 2nd
Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0506 per share, payable on July 31, 2020, to shareholders of record on July 15, 2020 (Ex-Dividend Date: July 14, 2020).
Templeton Global Income Fund [NYSE: GIM] today announced a monthly distribution from net investment income of $0.0155 per share, payable on July 31, 2020, to shareholders of record on July 15, 2020 (Ex-Dividend Date: July 14, 2020).
Franklin Resources, Inc. (the "Company") [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.27 per share payable on July 27, 2020 to stockholders of record holding shares of common stock at the close of business on July 15, 2020. The quarterly dividend of $0.27 per share is equivalent to the dividend paid for the prior quarter and represents a 4% increase over the quarterly dividend paid for the same quarter last year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Top Ranked Momentum Stocks to Buy for June 29th
Top Ranked Momentum Stocks to Buy for June 25th
Franklin Resources (BEN) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.
Top Ranked Momentum Stocks to Buy for June 24th
Fiduciary Trust International Expands Boca Raton Office, Welcoming Todd Stoller as Regional Managing Director and Senior Portfolio Manager
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 July 15, 2020, to shareholders of record on June 30, 2020 (Ex-Dividend Date: June 29, 2020).
Franklin Limited Duration Income Trust [NYSE American:FTF], a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0736 per common share, payable July 15, 2020, to shareholders of record on June 30, 2020 (Ex-Dividend Date: June 29, 2020).
Chesapeake Energy (NYSE: CHK) is preparing to file for bankruptcy within the next week, according to a report by Reuters. According to the report, Chesapeake is putting the finishing touches on about $900 million of debtor-in-possession financing, which will support its operations during the bankruptcy process. The company is also working with creditors on a plan that would eliminate a substantial portion of its burdensome $9 billion debt load in exchange for an equity infusion.
The Franklin Limited Duration Income Trust [NYSE:FTF] (CUSIP 35472T101) has declared a dividend of $0.0730 per common share payable June 15, 2020, to shareholders of record as of May 29, 2020. It is currently estimated that $0.0344 per share represents net investment income and $0.0386 per share represents return of principal.
Franklin Resources (BEN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Franklin Templeton today announced the expansion of its active ETF lineup with the addition of its ninth active fixed income ETF offering, Franklin Liberty U.S. Treasury Bond ETF (FLGV). FLGV seeks income by investing primarily in Treasury bonds, bills and notes, and investments that provide exposure to direct obligations of the U.S. Treasury.
Franklin Resources (BEN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Franklin Templeton today announced that Jed Plafker has been named executive vice president of Global Alliances and New Business Strategies. In this newly created position, Plafker will be responsible for the expansion of the company’s digital wealth management and distribution-related financial technology, ensuring that the firm fully harnesses these capabilities for financial advisors and clients. Plafker will continue to report to CEO Jenny Johnson and serve as a member of the firm’s Executive Committee.
Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management of $617.6 billion at May 31, 2020, compared to $599.4 billion at April 30, 2020. The increase in assets under management was due to strong market performance and improving net outflows. Preliminary average assets under management for the quarter, through May 31, 2020, were $599.1 billion.*