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Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Franklin Resources (NYSE: BEN) is tomorrow, June 20, 2013. Owners of shares as of market close today will be eligible for a dividend of 29 cents per share. At a price of $150.01 as of 9:30 a.m. ET, the dividend yield is 0.8%. The average volume for Franklin has been 728,500 shares per day over the past 30 days. Franklin has a market cap of $31.31 billion and is part of the financial sector and financial services industry. Shares are up 20.1% year to date as of the close of trading on Tuesday. Franklin Resources Inc. is a publicly owned asset management holding company. The firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It manages, through its subsidiary, separate client-focused equity, fixed income, and balanced portfolios. The company has a P/E ratio of 15.5, below the S&P 500 P/E ratio of 17.7.