Franklin Electric (FELE) Raises Quarterly Dividend 11.4% to $0.195; 0.9% Yield
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Franklin Electric Declares Payment Of Increased Quarterly Cash Dividend
January 24, 2022 8:00 AM ESTFORT WAYNE, Ind., Jan. 24, 2022 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.195 per share payable February 17, 2022, to shareholders of record on February 3, 2022. This represents an 11 percent increase from the prior quarterly dividend. This dividend increase will mark the 30th consecutive year that Franklin Electric has increased its dividend, demonstrating its commitment to returning cash to shareholders and confidence in the outlook of the business.
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