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Franklin Electric Co., Inc. (FELE) logo

Franklin Electric Co., Inc.

S&P 500

FELE/Industrials · Specialty Industrial Machinery/NASDAQ

Dividend Yield

1.04%

$1.09 · Annual Dividend

Stock Price$108.88P/E31.5MCap4.6BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

91/ 100Very Safe

FELE's dividend appears very safe. Strengths include a 32.4% earnings payout ratio & 29.1% fcf payout ratio. The dividend has been growing at a 11.32% 5-year CAGR.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 32.4%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 29.1%Free cash flow comfortably covers the dividend.
  • CFO Payout Ratio: 25.6%Operating cash flow strongly supports the payout.

Risks

No material risks identified across rated metrics.

Payout & Coverage

Very Safe
32.4%Very Safe
29.1%Very Safe
25.6%Very Safe
37.7xVery Safe

Balance Sheet

Very Safe
2.7xVery Safe
21.6Very Safe

Profitability

Caution
11.5%Caution
10.2%Caution
35.0%Caution

Dividend Track Record

Very Safe
11+ yrsVery Safe
NoneVery Safe
11.3%Very Safe
GrowingVery Safe

About Franklin Electric Co., Inc.

Franklin Electric Co., Inc. is a leading manufacturer and distributor of systems and components for the movement and management of water and fuel. Founded in 1944, the company is headquartered in Fort Wayne, Indiana, and operates on a global scale. Specializing in submersible motors, pumps, and control systems, Franklin Electric serves a variety of sectors, including residential, commercial, agricultural, and industrial markets. The company's expertise in water well and pressure pumping systems is complemented by its fuel pumping and containment system solutions, which are critical for businesses in the automotive service and fuel dispensing industries. Franklin Electric's consistent focus on innovation and efficiency reinforces its reputation as a significant player in the energy and resource management sector. By addressing the growing global needs for water and fuel systems, Franklin Electric Co., Inc. plays a pivotal role in supporting infrastructure developments and sustainable resource management worldwide.

Dividend Overview

Dividend Yield

1.04%

Annual Dividend

$1.09

Frequency

Quarterly

Payout Ratio

32.38%

FCF Payout Ratio

29.08%

52-Week Range

$88.25 - $111.53

Dividend History (2016–2025)

FELE annual dividend per share and yield history

Earnings & Profitability

FELE earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 7, 2026

Last Payment Date

May 21, 2026

Dividend Growth

3-Year Dividend CAGR

10.77%

5-Year Dividend CAGR

11.32%

10-Year Dividend CAGR

10.73%

3-Year Total Growth

35.90%

5-Year Total Growth

70.97%

10-Year Total Growth

177.12%

Income Calculator

FELE Dividend Calculator

Total Investment

$10,888.00

Annual Income

$109.00

Quarterly Income

$27.25

Monthly Income

$9.08

Frequently Asked Questions

What is FELE's current dividend yield?
Franklin Electric Co., Inc. (FELE) currently has a dividend yield of 1.04%, based on a stock price of $108.88 and an annual dividend of $1.09.
When is FELE's next dividend payment date?
FELE's next ex-dividend date is 2026-05-07 and the next payment date is 2026-05-21. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does FELE pay in dividends per year?
Franklin Electric Co., Inc. paid $1.06 per share in annual dividends in 2025. The dividends are paid quarterly.
Has FELE been increasing its dividend?
Franklin Electric Co., Inc. has grown its dividend at a 5-year CAGR of 11.32% and a 10-year CAGR of 10.73%.
Is FELE's dividend safe?
Franklin Electric Co., Inc. has a payout ratio of 32.38%. Its free cash flow payout ratio is 29.08%. A payout ratio below 60% is generally considered sustainable.
How is FELE's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Franklin Electric Co., Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for industrials companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.