24/7 Insights With the second quarter winding up, some insiders are making sizable purchases of stock.
24/7 Insights Passive income is an easy way to supplement retirement and pension distributions.
Franklin's (BEN) strategic acquisitions, robust distribution platforms and diversification efforts are likely to drive revenue and AUM growth. However, rising costs and concentrated revenues are woes.
Franklin's (BEN) AUM balance in May 2024 benefits from positive markets, partially offset by long-term net outflows.
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.