Franklin Electric (FELE) Declares $0.10 Quarterly Dividend; 1.2% Yield

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Franklin Electric Declares Payment of Quarterly Cash Dividend

April 21, 2016 1:00 PM EDT

FORT WAYNE, Ind., April 21, 2016 (GLOBE NEWSWIRE) -- Gregg C. Sengstack, Chairman of the Board and Chief Executive Officer of Franklin Electric Co., Inc. (NASDAQ: FELE), announced today that the Board of Directors declared a quarterly cash dividend of $0.10 per share payable May 20, 2016 to shareowners of record on May 5, 2016. This represents an increase from the prior quarterly dividend of $0.0975 per share.

Franklin Electric is a global leader in the production and marketing of systems and components... More