Franklin Electric Announces Quarterly Dividend of $0.28 per Share
Franklin Electric (NASDAQ: FELE) has declared a quarterly dividend of $0.28 per share, consistent with its previous payout. The forward yield is currently estimated at 1.06%. The dividend will be payable on August 20 to shareholders of record as of August 6, with the ex-dividend date also set for August 6. The company has provided updated financial guidance for 2026, projecting sales in the range of $2.17 billion to $2.24 billion and adjusted earnings per share (EPS) between $4.40 and $4.60. Franklin Electric's Value Acceleration Office is targeting over $15 million in productivity improvements. Analysts have noted that while sales are growing, it may still be too early for an upgrade to the stock rating.
Tickers: $FELE