Franklin Financial Services Co. (FRAF) to Issue Quarterly Dividend of $0.32 on May 22nd

Franklin Financial Services Co. (NASDAQ:FRAF) announced a quarterly dividend on Thursday, April 11th, Zacks reports. Stockholders of record on Thursday, May 2nd will be given a dividend of 0.32 per share on Wednesday, May 22nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.21%. The ex-dividend date is Wednesday, May 1st.

Franklin Financial Services has increased its dividend by an average of 2.2% annually over the last three years.

Franklin Financial Services Stock Up 0.2 %

NASDAQ FRAF opened at $30.40 on Monday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.98. Franklin Financial Services has a 52 week low of $23.96 and a 52 week high of $35.00. The business’s fifty day simple moving average is $26.71 and its 200-day simple moving average is $29.63. The firm has a market cap of $133.46 million, a PE ratio of 9.74 and a beta of 0.42.

Franklin Financial Services (NASDAQ:FRAF) last posted its quarterly earnings results on Tuesday, January 30th. The company reported $0.79 earnings per share for the quarter. The business had revenue of $17.99 million during the quarter. Franklin Financial Services had a net margin of 13.69% and a return on equity of 11.18%.

Franklin Financial Services Company Profile

Franklin Financial Services Corporation operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to businesses, individuals, governmental entities, and non-profit organizations in Pennsylvania. It offers various deposit products, including checking, savings, money management, and time deposit accounts, as well as demand deposits.