Franklin Financial Services Corp. (FRAF) to Distribute Quarterly Dividend of $0.34 on August 26th

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) annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, August 7th.

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

Franklin Financial Services Stock Up 0.8%

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

Franklin Financial Services (NASDAQ:FRAF) last issued its quarterly earnings data on Friday, July 24th. The company reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $24.70 million.

About Franklin Financial Services

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.