Franklin Financial Services Corp. (FRAF) To Go Ex-Dividend on August 7th

by · The Markets Daily

Franklin Financial Services Corp. (NASDAQ:FRAF – Get Free Report) announced a quarterly dividend on Thursday, July 16th. Shareholders of record on Friday, August 7th will be given a dividend of 0.34 per share on Wednesday, August 26th. This represents a c) annualized dividend 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 Stock Up 0.8%

Shares of NASDAQ FRAF opened at $63.53 on Wednesday. The business has a 50-day moving average of $61.52 and a 200-day moving average of $55.83. 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 has a 12 month low of $38.52 and a 12 month high of $64.88. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.12.

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

About Franklin Financial Services

(Get Free Report)

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.

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