Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates through three segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment offers submersible motors, pumps, drives, electronic controls, water treatment systems, monitoring devices, and related parts and equipment. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, municipal, and industrial applications; and manufactures electronic drives and controls that are used in motors for controlling functionality, as well as provides protection from various hazards, such as electrical surges, over-heating, and dry wells or tanks. The Fueling Systems segment provides pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment primarily for use in fueling system applications. This segment serves other energy markets, such as power reliability systems, as well as includes electronic devices for online monitoring of the power utility, hydroelectric, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells products produced by the Water Systems segment. The company sells its products to wholesale and retail distributors, specialty distributors, original equipment manufacturers, industrial and petroleum equipment distributors, and oil and utility companies through its employee sales force and independent manufacturing representatives. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.
Franklin Electric Dividend Announcement
• Franklin Electric announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2024-11-21. Ex dividend date: 2024-11-07
• Franklin Electric annual dividend for 2024 was $1.00
• Franklin Electric annual dividend for 2023 was $0.90
• Franklin Electric's trailing twelve-month (TTM) dividend yield is 0.93%
• Franklin Electric's payout ratio for the trailing twelve months (TTM) is 24.76%
• Franklin Electric's dividend growth over the last five years (2018-2023) was 14.00% year
• Franklin Electric's dividend growth over the last ten years (2013-2023) was 9.08% year
Franklin Electric Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-07 | $0.25 | quarterly | 2024-11-21 |
| 2024-08-01 | $0.25 | quarterly | 2024-08-15 |
| 2024-05-01 | $0.25 | quarterly | 2024-05-16 |
| 2024-01-31 | $0.25 | quarterly | 2024-02-15 |
| 2023-11-01 | $0.23 | quarterly | 2023-11-16 |
| 2023-08-02 | $0.23 | quarterly | 2023-08-17 |
| 2023-05-03 | $0.23 | quarterly | 2023-05-18 |
| 2023-02-01 | $0.23 | quarterly | 2023-02-16 |
| 2022-11-02 | $0.20 | quarterly | 2022-11-17 |
| 2022-08-03 | $0.20 | quarterly | 2022-08-18 |
| 2022-05-04 | $0.20 | quarterly | 2022-05-19 |
| 2022-02-02 | $0.20 | quarterly | 2022-02-17 |
| 2021-11-03 | $0.17 | quarterly | 2021-11-18 |
| 2021-08-04 | $0.17 | quarterly | 2021-08-19 |
| 2021-05-05 | $0.17 | quarterly | 2021-05-20 |
| 2021-02-03 | $0.17 | quarterly | 2021-02-18 |
| 2020-11-04 | $0.15 | quarterly | 2020-11-19 |
| 2020-08-05 | $0.15 | quarterly | 2020-08-20 |
| 2020-05-06 | $0.15 | quarterly | 2020-05-21 |
| 2020-02-05 | $0.15 | quarterly | 2020-02-20 |
| 2019-10-31 | $0.14 | quarterly | 2019-11-15 |
| 2019-07-31 | $0.14 | quarterly | 2019-08-15 |
| 2019-05-01 | $0.14 | quarterly | 2019-05-16 |
| 2019-01-31 | $0.14 | quarterly | 2019-02-15 |
| 2018-10-31 | $0.12 | quarterly | 2018-11-15 |
| 2018-08-01 | $0.12 | quarterly | 2018-08-16 |
| 2018-05-02 | $0.12 | quarterly | 2018-05-17 |
| 2018-01-31 | $0.11 | quarterly | 2018-02-15 |
| 2017-11-01 | $0.11 | quarterly | 2017-11-16 |
| 2017-08-01 | $0.11 | quarterly | 2017-08-17 |
| 2017-05-02 | $0.11 | quarterly | 2017-05-18 |
| 2017-01-31 | $0.10 | quarterly | 2017-02-16 |
| 2016-11-01 | $0.10 | quarterly | 2016-11-17 |
| 2016-08-02 | $0.10 | quarterly | 2016-08-18 |
| 2016-05-03 | $0.10 | quarterly | 2016-05-20 |
| 2016-02-02 | $0.10 | quarterly | 2016-02-18 |
| 2015-11-05 | $0.10 | quarterly | 2015-11-19 |
| 2015-08-06 | $0.10 | quarterly | 2015-08-20 |
| 2015-05-19 | $0.10 | quarterly | 2015-05-28 |
| 2015-02-03 | $0.09 | quarterly | 2015-02-19 |
| 2014-11-04 | $0.09 | quarterly | 2014-11-20 |
| 2014-08-05 | $0.09 | quarterly | 2014-08-21 |
| 2014-05-13 | $0.09 | quarterly | 2014-05-30 |
| 2014-02-04 | $0.08 | quarterly | 2014-02-20 |
| 2013-11-05 | $0.08 | quarterly | 2013-11-21 |
| 2013-08-06 | $0.08 | quarterly | 2013-08-22 |
| 2013-05-14 | $0.08 | quarterly | 2013-05-30 |
| 2013-02-05 | $0.14 | quarterly | 2013-02-21 |
Franklin Electric Dividend per year
Franklin Electric Dividend growth
Franklin Electric Dividend Yield
Franklin Electric current trailing twelve-month (TTM) dividend yield is 0.93%. Interested in purchasing Franklin Electric stock? Use our calculator to estimate your expected dividend yield:
Franklin Electric Financial Ratios
P/E ratio26.51
PEG ratio1.33
P/B ratio3.87
ROE15.06%
Payout ratio24.76%
Current ratio2.40
Quick ratio1.06
Cash Ratio0.27
Franklin Electric Dividend FAQ
How much is the next Franklin Electric dividend?
Franklin Electric's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Franklin Electric dividend. The next Franklin Electric dividend will be released in February, May, August, or November.
When is Franklin Electric dividend paid?
Franklin Electric pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Franklin Electric pay?
The specific amount of Franklin Electric dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Franklin Electric's dividend history.
Does Franklin Electric stock pay dividends?
Yes, Franklin Electric does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Franklin Electric's dividend history.
How much dividend does Franklin Electric pay?
Franklin Electric paid $1.0 in 2024, $0.9 in 2023, $0.78 in 2022, $0.7 in 2021, and $0.62 in 2020.
How often does Franklin Electric pay dividends?
Franklin Electric typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Franklin Electric's dividend yield?
The current dividend yield for Franklin Electric is 0.93%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Franklin Electric's exact dividend yield.
When does Franklin Electric go ex dividend?
Franklin Electric's ex-dividend date for the latest dividend was on 2024-11-07. Franklin Electric typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Franklin Electric dividend paid?
Franklin Electric pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Franklin Electric increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Franklin Electric will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Franklin Electric dividend per share?
Franklin Electric paid $1.0 per share in 2024 and $0.9 per share in 2023. The amount of dividend per share that Franklin Electric pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Franklin Electric a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Franklin Electric a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Franklin Electric a dividend stock?
Yes, Franklin Electric is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Franklin Electric a good dividend stock?
Whether Franklin Electric is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Franklin Electric has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Franklin Electric as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Franklin Electric as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Franklin Electric pay dividends monthly?
Franklin Electric typically pays dividends on a quarterly basis.
Does Franklin Electric pay dividends quarterly?
Franklin Electric currently pays dividends on a quarterly basis.
Has Franklin Electric ever paid a dividend?
Yes, Franklin Electric has a history of paying dividends to its shareholders. Franklin Electric is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Franklin Electric dividend stocks?
To buy Franklin Electric you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Franklin Electric stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Franklin Electric stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Franklin Electric pay dividends 2024?
Franklin Electric pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-21. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Franklin Electric increase its dividend in 2024?
Decisions regarding Franklin Electric dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Franklin Electric dividend overview you can look into the above table of dividend history.
How Franklin Electric dividend works?
The Franklin Electric dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Franklin Electric's dividend process works:
1. Determination of Dividend: Franklin Electric's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Franklin Electric publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Franklin Electric distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Franklin Electric are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Franklin Electric's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Franklin Electric publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Franklin Electric distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Franklin Electric are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Franklin Electric dividends paid?
Franklin Electric dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Franklin Electric sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Franklin Electric distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Franklin Electric declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Franklin Electric sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Franklin Electric distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Franklin Electric declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Franklin Electric pay dividends?
Franklin Electric typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Franklin Electric pay dividends?
The general pattern is that Franklin Electric pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Franklin Electric dividend safe?
The safety of Franklin Electric's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Franklin Electric's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Franklin Electric's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Franklin Electric's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Franklin Electric's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.