Franklin Financial Services Co. (NASDAQ:FRAF - Get Free Report) announced a quarterly dividend on Thursday, October 17th, Zacks reports. Stockholders of record on Friday, November 1st will be given a dividend of 0.32 per share on Wednesday, November 27th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.90%. The ex-dividend date is Friday, November 1st.
Franklin Financial Services has increased its dividend payment by an average of 2.2% annually over the last three years.
Franklin Financial Services Stock Up 0.2 %
Franklin Financial Services stock traded up $0.05 during mid-day trading on Wednesday, hitting $32.82. The company's stock had a trading volume of 2,234 shares, compared to its average volume of 5,511. The company has a debt-to-equity ratio of 2.05, a current ratio of 0.93 and a quick ratio of 0.93. Franklin Financial Services has a 52-week low of $25.11 and a 52-week high of $35.00. The firm's 50 day moving average is $30.88 and its 200 day moving average is $29.34. The company has a market cap of $144.70 million, a PE ratio of 10.34 and a beta of 0.32.
Insider Activity at Franklin Financial Services
In related news, Director Allan E. Jennings, Jr. purchased 1,000 shares of the stock in a transaction dated Wednesday, September 4th. The shares were acquired at an average cost of $30.51 per share, for a total transaction of $30,510.00. Following the acquisition, the director now directly owns 28,250 shares in the company, valued at approximately $861,907.50. The trade was a 0.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last three months, insiders have purchased 1,102 shares of company stock valued at $33,649. Corporate insiders own 6.93% of the company's stock.
Franklin Financial Services Company Profile
(
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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.
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