Franklin Financial Services Co. (NASDAQ:FRAF) to Issue Quarterly Dividend of $0.32

Franklin Financial Services Co. (NASDAQ:FRAF) declared a quarterly dividend on Wednesday, January 22nd,Wall Street Journal reports. Investors of record on Friday, February 7th will be paid a dividend of 0.32 per share on Wednesday, February 26th. This represents a $1.28 annualized dividend and a yield of 3.84%. The ex-dividend date of this dividend is Friday, February 7th.

Franklin Financial Services has raised its dividend by an average of 0.8% per year over the last three years.

Franklin Financial Services Stock Up 0.6 %

Franklin Financial Services stock opened at $33.30 on Friday. The stock has a 50 day moving average of $31.97 and a two-hundred day moving average of $31.20. Franklin Financial Services has a twelve month low of $25.11 and a twelve month high of $34.15. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.60. The stock has a market capitalization of $147.19 million, a price-to-earnings ratio of 10.50 and a beta of 0.33.

Franklin Financial Services (NASDAQ:FRAF) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $0.95 earnings per share (EPS) for the quarter. Franklin Financial Services had a net margin of 12.40% and a return on equity of 10.19%. The firm had revenue of $30.91 million during the quarter.

About Franklin Financial Services

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.