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Franklin Resources (BEN) stock now has an almost 7.20% annual yield, which could make it a haven for investors in this crumbling market. Its average yield has been much lower over the last five years.
BEN is at $17.80 in midday trading on Friday, April 4, down just 0.67% with the market crumbling. Given its annual $1.28 dividend per share (DPS), its present yield is 7.19% (i.e., $1.28/$17.80).