Free Trial

Franklin Electric (FELE) Dividend Yield, Date & History

Franklin Electric logo
$98.37 -0.35 (-0.35%)
(As of 12/20/2024 05:16 PM ET)

Franklin Electric Dividend Summary

Dividend Yield
1.02%
Annual Dividend
$1.00
Recent
Dividend Payment
Nov. 21
Dividend Increase
Track Record
32 Years
Annualized 3-Year
Dividend Growth
13.23%
Dividend Payout Ratio
25.32%

Franklin Electric (FELE) pays an annual dividend of $1.00 per share, with a dividend yield of 1.02%. The next quarterly payment of $0.25 per share was paid on Thursday, November 21, to investors who owned the stock before the ex-dividend date of Thursday, November 7. FELE has grown its dividend for 32 consecutive years, with an average annual increase of 4.23%. The company currently pays out 25.32% of its earnings and 20.49% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

FELE Dividend Payments by Quarter

The chart below displays up to four years of Franklin Electric's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

FELE Dividend Yield Over Time

The chart below tracks Franklin Electric's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Franklin Electric vs. The Competition

Compare Franklin Electric's annual dividend, yield, and 3-year growth rate with averages for Industrial and NASDAQ companies to evaluate its performance against the market.

TypeFranklin ElectricIndustrial CompaniesNASDAQ Companies
Annual Dividend$1.00$0.01$1.31
Dividend Yield1.02%2.08%4.21%
Annualized 3-Year Dividend Growth13.23%11.38%14.22%
Track Record32 years33 years19 years

Franklin Electric Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings25.32%
Based on This Year's Estimate26.25%
Based on Next Year's Estimate23.20%
Based on Cashflow20.49%

Franklin Electric Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/28/2024Quarterly$0.25 - 0.98%11/7/202411/7/202411/21/2024
7/22/2024Quarterly$0.25 - 0.96%8/1/20248/1/20248/15/2024
4/22/2024Quarterly$0.25 - 0.98%5/1/20245/2/20245/16/2024
1/22/2024Quarterly$0.25+$0.0250
11.11%
1.04%1/31/20242/1/20242/15/2024
10/23/2023Quarterly$0.2250 - 1.07%11/1/202311/2/202311/16/2023
7/24/2023Quarterly$0.2250 - 0.85%8/2/20238/3/20238/17/2023
4/24/2023Quarterly$0.2250 - 1%5/3/20235/4/20235/18/2023
1/23/2023Quarterly$0.2250+$0.03
15.38%
1.04%2/1/20232/2/20232/16/2023

This table shows Franklin Electric's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Franklin Electric Dividend - Frequently Asked Questions

The current dividend yield for Franklin Electric is 1.02%. Learn more on FELE's dividend yield history.

The annual dividend for FELE shares is $1.00. Learn more on FELE's annual dividend history.

Franklin Electric pays quarterly dividends to shareholders.

Franklin Electric's most recent quarterly dividend payment of $0.25 per share was made to shareholders on Thursday, November 21, 2024.

Franklin Electric's most recent ex-dividend date was Thursday, November 7, 2024.

Over the past three years, the company's dividend has grown by an average of 13.23% per year.

Franklin Electric has increased its dividend for the past 32 consecutive years.

The most recent change in the company's dividend was an increase of $0.0250 on Monday, January 22, 2024.

The dividend payout ratio for FELE is:
  • 25.32% based on the trailing year of earnings
  • 26.25% based on this year's estimates
  • 23.20% based on next year's estimates
  • 20.49% based on cash flow

Franklin Electric's dividend yield of 0.95% is lower than the average Industrial Products company that issues a dividend. The company's 32 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Franklin Electric's dividend payout ratio of 25.32% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Franklin Electric stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:FELE) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners