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

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

Franklin Financial Services has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 1 consecutive years.

Franklin Financial Services Stock Performance

Shares of FRAF stock opened at $63.53 on Wednesday. Franklin Financial Services has a 12-month low of $38.52 and a 12-month high of $64.88. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.93 and a quick ratio of 0.93. The firm has a market capitalization of $285.25 million, a price-to-earnings ratio of 11.57 and a beta of -0.02. The business has a 50 day simple moving average of $61.52 and a 200 day simple moving average of $55.83.

Franklin Financial Services (NASDAQ:FRAF) last announced its earnings results on Friday, July 24th. The company reported $1.47 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $24.50 million for the quarter, compared to the consensus estimate 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.