FELE Franklin Electric dividend history, payout ratio & dates
Franklin Electric's most recent dividend payment of $0.25 per share was made to shareholders on record before Aug 1, 2024. At an annualized rate of $0.98 per share, the stock yields 0.95%.
Key dates
- FELE last dividend date: Aug 1, 2024
FELE dividend stats
vs. Industrials sector
Dividend yield
FELE has a dividend yield of 0.95% which is below the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 1.4%, Franklin Electric's dividend yield is 32% lower. The historical 5-year average of FELE's dividend yield is 0.9%, which is similar to the current yield.
Dividend history
Franklin Electric has been paying dividends for the last 30 years. According to our data FELE has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 12% for the last year. However since the stock price has gone up by 20% from a year ago, the dividend yield has decreased by 7%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 1, 2024 | $0.25 | 0.95% |
| May 1, 2024 | $0.25 | 0.97% |
| Jan 31, 2024 | $0.25 | 0.98% |
| Nov 1, 2023 | $0.225 | 1.06% |
| Aug 2, 2023 | $0.225 | 0.89% |
| May 3, 2023 | $0.225 | 0.88% |
| Feb 1, 2023 | $0.225 | 0.89% |
| Nov 2, 2022 | $0.195 | 0.99% |
| Aug 3, 2022 | $0.195 | 0.84% |
| May 4, 2022 | $0.195 | 1% |
| Feb 2, 2022 | $0.195 | 0.83% |
| Nov 3, 2021 | $0.175 | 0.78% |
| Aug 4, 2021 | $0.175 | 0.83% |
| May 5, 2021 | $0.175 | 0.77% |
| Feb 3, 2021 | $0.175 | 0.89% |
| Nov 4, 2020 | $0.155 | 1.01% |
| Aug 5, 2020 | $0.155 | 1.05% |
| May 6, 2020 | $0.155 | 1.28% |
| Feb 5, 2020 | $0.155 | 0.97% |
| Oct 31, 2019 | $0.145 | 1.08% |
| Jul 31, 2019 | $0.145 | 1.18% |
| May 1, 2019 | $0.145 | 1.1% |
| Jan 31, 2019 | $0.145 | 1.06% |
| Oct 31, 2018 | $0.12 | 1.1% |
| Aug 1, 2018 | $0.12 | 0.94% |
| May 2, 2018 | $0.12 | 1.03% |
| Jan 31, 2018 | $0.108 | 0.95% |
| Nov 1, 2017 | $0.108 | 0.94% |
| Aug 1, 2017 | $0.108 | 1.03% |
| May 2, 2017 | $0.108 | 1.03% |
| Jan 31, 2017 | $0.1 | 0.99% |
| Nov 1, 2016 | $0.1 | 1.11% |
| Aug 2, 2016 | $0.1 | 1.05% |
| May 3, 2016 | $0.1 | 1.21% |
| Feb 2, 2016 | $0.098 | 1.49% |
| Nov 5, 2015 | $0.098 | 1.11% |
| Aug 6, 2015 | $0.098 | 1.28% |
| May 19, 2015 | $0.098 | 1.04% |
| Feb 3, 2015 | $0.09 | 1.01% |
Franklin Electric dividend payout ratio
Payout ratio
FELE has a payout ratio of 24% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 30.9%, Franklin Electric's payout ratio is 22% lower.
Total amount of dividends paid per financial year (from cash flow)
FELE dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| GRC Gorman Rupp Co | 1.9% | $0.72 | 55% |
| AOS Smith A O Corp | 1.66% | $1.28 | 32.9% |
| FLS Flowserve Corp | 1.57% | $0.83 | 42.8% |
| DOV DOVER Corp | 1.07% | $2.05 | 19% |
| XYL Xylem Inc | 1.07% | $1.41 | 43.7% |
| FELE Franklin Electric Co Inc | 0.96% | $0.98 | 24% |
| AME Ametek Inc | 0.65% | $1.09 | 18.9% |
| DHR Danaher Corp | 0.41% | $1.05 | 19.8% |
Frequently asked questions
Does Franklin Electric pay a dividend?
Yes, Franklin Electric has been paying dividends for the last 30 years.
When was FELE's last dividend?
Franklin Electric's last regular dividend was on Aug 1, 2024 (ex-date) with the amount of $0.25 per share.
How much dividend does Franklin Electric pay (per share)?
FELE's annualized dividend per share is $0.98.
What is Franklin Electric's dividend yield?
Franklin Electric's current dividend yield is 0.95%.
How often does Franklin Electric pay dividends?
Franklin Electric has a quarterly dividend frequency.
What is Franklin Electric's dividend payout ratio?
The dividend payout ratio of Franklin Electric is 24%.
Does Franklin Electric pay a good dividend?
Franklin Electric's dividend yield is below the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.