Franklin Electric Co Inc (FELE) has declared a quarterly dividend of $0.27 per share, payable to shareholders of record. The ex-dividend date is set for November 5, 2025, meaning investors must own shares before this date to qualify for the payment. Eligible shareholders will receive the dividend on November 19, 2025.
With a dividend yield of 1.12%, this announcement underscores the company's commitment to providing regular income to its shareholders. Franklin Electric operates in the machinery industry, focusing on the development, manufacture, and distribution of water and fuel pumping systems. The company, headquartered in Fort Wayne, Indiana, employs approximately 6,300 individuals and segments its operations into Water Systems, Distribution, and Energy Systems.
Franklin Electric's Water Systems segment designs and sells motors, pumps, and related equipment primarily for groundwater and wastewater applications. The Distribution segment operates as a collection of groundwater distributors, while the Energy Systems segment offers components for energy applications.
Investors may find the current dividend yield and the company’s consistent payment history appealing, although dividends are subject to change based on business performance. The firm has a market capitalisation of $4.2 billion, a price-to-earnings ratio of 23.61, and earnings per share of 3.88. Upcoming earnings are projected for July 26, 2026, with estimates of $1.55 per share on revenues of $627.3 million.
This update provides insight into Franklin Electric's cash flow generation and capital allocation strategy, reflecting its ongoing commitment to shareholder returns.