---
schema_version: "secwatch.filing_event.v1"
accession: "0000038777-23-000175"
form_type: "8-K"
ticker: "BEN"
cik: "0000038777"
company_name: "FRANKLIN RESOURCES INC"
filed_at: "2023-12-13T23:59:59+00:00"
generated_at: "2026-06-07T13:44:34.428958+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Franklin Resources raises quarterly dividend 3.3% to $0.31, authorizes 27.2M share buyback

## Summary
- Quarterly dividend $0.31/share, up 3.3% from prior quarter and prior year; payable Jan 12, 2024; record Jan 3, 2024.
- Board authorized additional 27.2M share repurchase, increasing total authorization to 40M shares (incl. 12.8M remaining).
- Dividend increase continues annual increase streak since 1981; buyback program has no expiration date.
- Repurchases depend on price, market and business conditions; shares retired upon repurchase.

## SEC filing metadata
- accession: 0000038777-23-000175
- form_type: 8-K
- ticker: BEN
- cik: 0000038777
- company_name: FRANKLIN RESOURCES INC
- filed_at: 2023-12-13T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38777/000003877723000175/0000038777-23-000175-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38777/000003877723000175/ben-20231212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038777-23-000175
- JSON: https://secwatch.observer/filing/0000038777-23-000175.json
- Plain text: https://secwatch.observer/filing/0000038777-23-000175.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.