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. Shareholders of record on Friday, February 7th will be given a dividend of 0.32 per share on Wednesday, February 26th. This represents a $1.28 annualized dividend and a dividend yield of 3.87%. The ex-dividend date is Friday, February 7th.

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

Franklin Financial Services Price Performance

Shares of Franklin Financial Services stock opened at $33.10 on Thursday. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.92 and a current ratio of 0.92. The stock has a market capitalization of $146.30 million, a price-to-earnings ratio of 10.44 and a beta of 0.33. The company has a fifty day moving average of $31.97 and a 200-day moving average of $31.20. Franklin Financial Services has a 52-week low of $25.11 and a 52-week high of $34.15.

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

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.