Unlocking Steady Income with Franklin Resources Stock
Franklin Resources, Inc. (NYSE:BEN), a leading asset management holding company, is set to report its Q1 2025 earnings on January 27, 2025. Analysts anticipate the company to post an EPS of $0.56, down from $0.65 in the previous year. However, quarterly revenue is expected to surge to $2.73 billion, up from $1.99 billion in the same period last year.
A Promising Dividend Yield
Franklin Resources boasts a dividend yield of 6.11%, making it an attractive option for income-focused investors. Over the past 12 months, the company paid $1.28 per share in dividends. With a 52-week stock price range of $18.95 to $30.32, investors may find this stock appealing for generating steady income.
Generating $100 per Month in Dividend Income
To earn $100 per month in dividend income from Franklin Resources, you would need to invest approximately $19,640, equivalent to around 937 shares at $20.96 each. This calculation is based on the desired annual income and the dividend yield. By understanding the dividend yield calculations, investors can make informed decisions about their investments.
How Dividend Yield Works
Dividend yield is calculated by dividing the annual dividend payments by the stock’s current price. For instance, if a stock pays $2 as an annual dividend and is priced at $50, its dividend yield would be 4%. If the stock price rises or falls, the dividend yield will adjust accordingly.
Diversifying Your Portfolio with Real Estate
Real estate can be a lucrative investment option, but it often comes with high barriers to entry. However, platforms like Arrived Home’s Private Credit Fund offer access to a pool of short-term loans backed by residential real estate with a minimum investment of just $100. This fund has historically paid an annualized dividend yield of 8.1%, providing a unique opportunity for investors to tap into the power of real estate without owning physical properties.
Investing in Franklin Resources Stock
For investors seeking steady income, Franklin Resources stock may be an attractive option. By investing in this stock, you can potentially generate $100 per month in dividend income. With its promising dividend yield and strong financial performance, Franklin Resources is definitely worth considering for your investment portfolio.
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