Investing in Franklin Resources stock can be a lucrative way to earn passive income. As a dividend aristocrat, the company has a long history of raising its annual dividend payouts, making it an attractive option for income-focused investors. With a dividend yield of 5.48%, Franklin Resources offers a steady stream of income for shareholders.
The company is set to report its Q3 2024 earnings on October 29, with analysts expecting an EPS of $0.59. Despite a slight decrease from the year-ago period, Franklin Resources remains a solid investment opportunity. In its most recent earnings report, the company exceeded expectations, posting an adjusted EPS of $0.60 and revenues of $2.12 billion.
For investors looking to earn $100 per month in passive income from Franklin Resources dividends, owning approximately 968 shares of stock at $22.62 each would be necessary. By understanding the dividend yield calculations and monitoring fluctuations in stock prices and dividend payments, investors can maximize their income potential.
In addition to Franklin Resources stock, there are other high-yield investment opportunities available in the market. Private market real estate investments, such as the Ascent Income Fund from EquityMultiple, offer attractive options for income-seeking investors. With a historical distribution yield of 12.1% and payment priority backed by real assets, the Ascent Income Fund provides a stable income stream for investors.
As interest rates remain high, now is the perfect time to explore high-yield investment opportunities. By diversifying your portfolio with income-generating assets like Franklin Resources stock and private market real estate investments, you can maximize your passive income potential. Don’t miss out on the chance to earn substantial returns while rates are favorable.
In conclusion, investing in Franklin Resources stock can help you earn $100 in passive income each month. With a solid track record of dividend hikes and a stable financial performance, the company offers a reliable source of income for investors. By exploring other high-yield investment options like private market real estate investments, you can further enhance your income potential. Take advantage of these opportunities to secure your financial future and achieve your investment goals.
