Franklin Financial Services Co. (NASDAQ:FRAF) Plans $0.32 Quarterly Dividend

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 yield of 3.87%. The ex-dividend date is Friday, February 7th.

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

Franklin Financial Services Stock Performance

Shares of FRAF 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 firm has a market cap of $146.30 million, a price-to-earnings ratio of 10.44 and a beta of 0.33. Franklin Financial Services has a 52 week low of $25.11 and a 52 week high of $34.15. The firm’s 50-day simple moving average is $31.97 and its two-hundred day simple moving average is $31.20.

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