Franklin Resources shares have returned 4.14% since my previous review, compared to 21.7% for the S&P 500. I believe that buying back into Franklin Resources is a worthwhile investment due to a relatively secure dividend and positive risk premium. The company's financial snapshot shows a decline in sales and net income, but the capital structure appears less risky with a decrease in debt.
Solid dividend-yielding stocks are highly desirable amid the current uncertain macroeconomic environment. One such stock from the investment management industry is Franklin (BEN).
Going against the crowd isn't easy. When everyone runs one way, it is hard to charge ahead in the other direction.