Franklin Resources Stock Looks Like a Bargain With Its 6.38% Yield

Franklin Resources (BEN), the money management company, has a 6.38% annual dividend yield and looks like a bargain. Moreover, its average yield over the last 5 years is much lower at 4.40%. That implies BEN stock could be worth much more.

BEN was at $20.06 in midday trading on Monday, Jan. 27. That is down 11.7% from its recent high of $22.72 on Nov. 25. It's also up from a recent trough at $19.40 on Jan. 16.