15 Best Low Priced Dividend Stocks to Buy Now

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

Share Price as of the Close of March 17: $19.86

Forward P/E Ratio as of March 17: 9.44

Franklin Resources, Inc. (NYSE:BEN) operates as a global investment management firm through its subsidiaries under the Franklin Templeton brand, serving clients in over 150 countries. The company focuses on delivering strong investment outcomes through its expertise in asset management, wealth advisory, and technology-driven solutions. With a diverse group of specialist investment managers, Franklin Templeton offers a broad range of capabilities across equities, fixed income, alternative investments, and multi-asset strategies. Headquartered in California, the firm has a presence in key financial markets worldwide, employing more than 1,500 investment professionals. With over 75 years of experience, it managed approximately $1.6 trillion in assets under management (AUM) as of December 31, 2024.

In the first quarter of fiscal 2025, Franklin Resources, Inc. (NYSE:BEN) reported a 34% year-over-year increase in long-term inflows, excluding reinvested distributions. The firm recorded $17 billion in net inflows across equity, multi-asset, and alternative investment segments. However, long-term net outflows totaled $50 billion, excluding Western Asset Management. Despite this, the company still generated $18 billion in long-term net inflows across all asset classes.

Franklin Resources, Inc. (NYSE:BEN) is one of the best low priced stocks that pay dividends as the company has a strong dividend history. Its dividend growth streak spans 49 years. In addition, it offers an attractive dividend yield of 6.46%, as of March 17 and pays a quarterly dividend of $0.32 per share.