Franklin Electric Co., Inc. (FELE) to Distribute Quarterly Dividend of $0.28 on November 19th

Posted by Alanna Baker on Oct 28th, 2026

Franklin Electric Co., Inc. (NASDAQ:FELE – Get Free Report) announced a quarterly dividend on Monday, October 26th. Investors of record on Thursday, November 5th will be given a dividend of $0.28 per share by the industrial products company on Thursday, November 19th. This represents a $1.12 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, November 5th.

Franklin Electric has raised its dividend by an average of 0.1% per year over the last three years and has raised its dividend every year for the last 33 years. Franklin Electric has a payout ratio of 23.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect Franklin Electric to earn $5.22 per share next year, which means the company should continue to be able to cover its $1.12 annual dividend with an expected future payout ratio of 21.5%.

Franklin Electric Trading Down 0.5%

Shares of FELE stock opened at $98.07 on Wednesday. Franklin Electric has a 1 year low of $89.54 and a 1 year high of $115.82. The stock has a fifty day moving average of $98.83 and a two-hundred day moving average of $100.24.

Franklin Electric (NASDAQ:FELE – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.11. The business had revenue of $622.88 million for the quarter, compared to analyst estimates of $605.92 million. Franklin Electric’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period last year, the business posted $1.31 earnings per share. As a group, research analysts predict that Franklin Electric will post 4.67 earnings per share for the current year.

Franklin Electric Company Profile

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Franklin Electric Co, Inc (NASDAQ: FELE) designs, manufactures and distributes systems and components used to move, manage and control water and other fluids. The company serves residential, agricultural, commercial, industrial and municipal customers through products such as submersible pumps, motors, pumping systems, drives, controls, monitoring equipment and water-treatment solutions.

Its Water Systems business provides equipment for groundwater and surface-water applications, including well pumps, pressure systems, wastewater and dewatering products, and related controls and accessories.