| Dividend Aristocrats are S&P 500 companies that have increased their dividends in each of the past 25 years. You'll see plenty of household names on the list, such as Johnson & Johnson (NYSE: JNJ), Coca-Cola (NYSE: KO), Target (NYSE: TGT), IBM (NYSE: IBM) and more. But in today's Safety Net, we're going to take a look at a company that's not quite as well known as those heavy hitters - despite its 5.3% dividend yield being one of the highest among Dividend Aristocrats. The company's name is Franklin Resources (NYSE: BEN), but it's better known as Franklin Templeton. Growing up, I would often see commercials for Franklin Templeton shoved between AARP commercials and Life Alert commercials during episodes of The Price Is Right. But I never really knew what it did. In short, Franklin Templeton is an investment firm. It takes your money and tries to make you more money. Traditionally, its focus has been on high net worth individuals and institutional money, but with the recent rise of the retail investor, the company has opened pathways for normal people to put away and grow their money. We've never reviewed Franklin Templeton's dividend here in Safety Net, so I think it's high time we crunched some numbers to see how safe this Dividend Aristocrat's dividend actually is. The company has increased its dividend payout in each of the past 28 years. That sort of consistency gives it an automatic head start. But as you know, that's not nearly enough. | 
Tidak ada komentar:
Posting Komentar