Franklin Electric Co's most recent dividend payment of $0.28 per share was made to shareholders on record before May 7, 2026. At an annualized rate of $1.09 per share, the stock yields 1.04%.
FELE has a dividend yield of 1.04% which is below the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 1.5%, Franklin Electric Co's dividend yield is 31% lower. The historical 5-year average of FELE's dividend yield is 1.0%, which is below the current yield.
Franklin Electric Co has been paying dividends for the last 33 years. According to our data FELE has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 6% for the last year. However since the stock price has gone up by 12% from a year ago, the dividend yield has decreased by 6%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| May 7, 2026 | $0.28 | 1.09% |
| Feb 5, 2026 | $0.28 | 1.02% |
| Nov 6, 2025 | $0.265 | 1.11% |
| Aug 7, 2025 | $0.265 | 1.12% |
| May 8, 2025 | $0.265 | 1.17% |
| Feb 6, 2025 | $0.265 | 1.01% |
| Nov 7, 2024 | $0.25 | 0.92% |
| 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% |
FELE has a payout ratio of 31.2% which is higher than the industry and its peers average but lower than the Industrials sector average. But if we consider the Industrials sector average of 32.4%, Franklin Electric Co's payout ratio is only 3.7% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AOS A.O. Smith Corp | 2.39% | $1.44 | 38.3% |
| XYL Xylem Inc | 1.42% | $1.66 | 39.5% |
| FLS Flowserve Corp | 1.13% | $0.86 | 29.7% |
| FELE Franklin Electric Co. Inc | 1.04% | $1.09 | 31.2% |
| DOV Dover Corp | 1.02% | $2.08 | 24.9% |
| GRC Gorman Rupp Co | 0.93% | $0.76 | 31.7% |
| DHR Danaher Corp | 0.74% | $1.44 | 25.5% |
| AME Ametek Inc | 0.54% | $1.3 | 19.6% |
Yes, Franklin Electric Co has been paying dividends for the last 33 years.
Franklin Electric Co's last regular dividend was on May 7, 2026 (ex-date) with the amount of $0.28 per share.
FELE's annualized dividend per share is $1.09.
Franklin Electric Co's current dividend yield is 1.04%.
Franklin Electric Co has a quarterly dividend frequency.
The dividend payout ratio of Franklin Electric Co is 31.2%.
Franklin Electric Co's dividend yield is below the Industrials sector average.
Special dividends are included in TTM DPS and yield.