Polliesdividend

Recent buy – Franklin Resources – October 2019

A new buy for my Vrijheid Fonds. I’ve averaged down on an other Dividend Aristocrat of my Vrijheid Fonds.

The markets are still volatile. And I couldn’t resist buying some extra shares. Last week I did my analysis of BEN. If you haven’t read my analysis, please take a look at this post about Franklin Resources (BEN) Stock Analysis Pollie Style – 2019.

 

Polliesdividend.com pollie dividend Franklin Resources BEN

 

 

 

Purchase

On October 2nd I bought 51 additional shares of BEN at $27.42 per share (incl. fees).

With this buy I added a little bit more than €41 (after taxes) of projected dividend to my Vrijheid Fonds. Unfortunately, I was a little bit too late for the ex-dividend date of Q4. So no extra dividend in 2019 for me with this buy.  Now I own 157 shares of BEN and this position produces € 127 ($140) after taxes in dividend income annually.

Again, a small step in my journey and one-step closer to my goal. Has anyone else invested in this company recently? I appreciate any feedback!

Cheers,

Pollie

 

Disclaimer: I’m not a registered investment adviser, investment professional, brokerage firm or investment company. Readers are advised that information on the website is issued solely for information purposes and not to be construed as an offer or recommendation to buy, hold, or sell any securities. All information, opinions, and analyses included are based on sources believed to be reliable, but no representation or warranty is made concerning accuracy, correctness, timeliness, or appropriateness. Please consult with an investment professional before investing any of your money.

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3 thoughts on “Recent buy – Franklin Resources – October 2019

  1. Mr. Robot

    I’ve looked at BEN before but haven’t pulled the trigger yet. How do you see the future for this company with more and more low fee mutual funds and self service brokers with no fees? Why would the new generation when they get older still go to BEN?

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