Franklin Financial Services Corp. (NASDAQ:FRAF) to Issue Quarterly Dividend of $0.34

Franklin Financial Services Corp. (NASDAQ:FRAF) announced a quarterly dividend on Thursday, July 16th. Investors of record on Friday, August 7th will be paid a dividend of 0.34 per share on Wednesday, August 26th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, August 7th.

Franklin Financial Services has increased its dividend by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 1 years.

Franklin Financial Services Trading Up 0.8%

Franklin Financial Services stock opened at $63.53 on Wednesday. The company has a 50 day moving average price of $61.52 and a 200 day moving average price of $55.83. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.93 and a current ratio of 0.93. Franklin Financial Services has a 52 week low of $38.52 and a 52 week high of $64.88. The firm has a market capitalization of $285.25 million, a price-to-earnings ratio of 11.57 and a beta of -0.02.

Franklin Financial Services (NASDAQ:FRAF) last released its earnings results on Friday, July 24th. The company reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.03. Franklin Financial Services had a return on equity of 14.21% and a net margin of 18.20%.The company had revenue of $24.50 million during the quarter, compared to analyst estimates of $24.70 million.

Franklin Financial Services Company Profile

Franklin Financial Services, Inc (NASDAQ: FRAF) is a U.S.‐listed specialty finance company that makes and acquires secured loans, with a focus on asset-based lending and mortgage warehouse financing. Through its wholly owned subsidiary, FFS Investment Company, a Maryland corporation regulated as a business development company under the Investment Company Act of 1940, Franklin Financial provides revolving lines of credit, term loans and other credit facilities secured primarily by residential and commercial mortgage loans, receivables and inventory.