Franklin Electric's most recent dividend payment of $0.25 per share was made to shareholders on record before Nov 7, 2024. At an annualized rate of $1 per share, the stock yields 0.94%.
FELE has a dividend yield of 0.94% which is below the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 1.36%, Franklin Electric's dividend yield is 31% lower. The historical 5-year average of FELE's dividend yield is 0.9%, which is similar to the current yield.
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 11% 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%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
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 24.9% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 32.7%, Franklin Electric's payout ratio is 24% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
AOS Smith A O Corp | 1.78% | $1.3 | 34.1% |
GRC Gorman Rupp Co | 1.73% | $0.73 | 49.7% |
FLS Flowserve Corp | 1.38% | $0.83 | 40.7% |
XYL Xylem Inc | 1.12% | $1.41 | 40.4% |
DOV DOVER Corp | 1.01% | $2.05 | 18.2% |
FELE Franklin Electric Co Inc | 0.94% | $1 | 24.9% |
AME Ametek Inc | 0.56% | $1.09 | 18.9% |
DHR Danaher Corp | 0.45% | $1.05 | 19.8% |
Yes, Franklin Electric has been paying dividends for the last 30 years.
Franklin Electric's last regular dividend was on Nov 7, 2024 (ex-date) with the amount of $0.25 per share.
FELE's annualized dividend per share is $1.
Franklin Electric's current dividend yield is 0.94%.
Franklin Electric has a quarterly dividend frequency.
The dividend payout ratio of Franklin Electric is 24.9%.
Franklin Electric's dividend yield is below the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.