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

Franklin Financial Services Corp. (NASDAQ:FRAF) announced a quarterly dividend on Thursday, July 16th. Shareholders of record on Friday, August 7th will be paid a dividend of 0.34 per share on Wednesday, August 26th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend 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 annually for the last 1 consecutive years.

Franklin Financial Services Trading Up 0.8%

Shares of Franklin Financial Services stock opened at $63.53 on Wednesday. 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 cap of $285.25 million, a PE ratio of 11.57 and a beta of -0.02. Franklin Financial Services has a 1 year low of $38.52 and a 1 year high of $64.88. The stock has a fifty day moving average price of $61.52 and a 200-day moving average price of $55.83.

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