Exploring a 7.09% Dividend Yield Amidst Analyst Skepticism
Franklin Resources, Inc. (NYSE: BEN) stands out in the asset management industry with a significant market capitalization of $9.48 billion. Founded in 1947 and headquartered in San Mateo, California, this asset management giant offers a wide range of financial services globally, making it a mainstay in the portfolios of many institutional and individual investors. However, as potential investors evaluate this financial stalwart, several key metrics and insights warrant a closer look.
**Price and Valuation Metrics**
Currently trading at $18.05, Franklin Resources shares have seen a price range between $16.66 and $25.35 over the past 52 weeks. Despite this volatility, the forward price-to-earnings (P/E) ratio of 8.06 suggests that…
