10 Low PE High Dividend Stocks to Buy Now

5. Franklin Resources, Inc. (NYSE:BEN)

Forward P/E Ratio: 9.93

Dividend Yield as of February 16: 6.23%

Franklin Resources, Inc. (NYSE:BEN) is an American multinational asset management company that offers a wide range of related services and products to its consumers. In its fiscal Q1 2025, the company disclosed a 34% year-over-year increase in long-term inflows, excluding reinvested distributions. The company also reported positive net flows in equity, multi-asset, and alternative investments, amounting to $17 billion for the quarter. Although long-term net outflows totaled $50 billion, excluding Western Asset Management, the company achieved $18 billion in long-term net inflows, with growth observed across all asset classes.

Over the past year, Franklin Resources, Inc. (NYSE:BEN)’s stock has declined by nearly 25%, reflecting its history of fluctuating performance. However, it has made significant strategic moves to strengthen its operations. Through acquisitions like last year’s purchase of options-trading technology firm volScout, the asset management firm has expanded its capabilities, enabling it to better serve both individual and institutional investors.

Franklin Resources, Inc. (NYSE:BEN), one of the best dividend stocks, currently offers a quarterly dividend of $0.32 per share, having raised it by 3% in December 2024. This marked the company’s 49th consecutive year of dividend growth. The stock has a dividend yield of 6.23%, as of February 16.