Franklin Electric declared a $0.265 quarterly dividend, payable August 21, 2025, to shareholders on record by August 7, 2025.
Quiver AI Summary
Franklin Electric Co., Inc. has announced a quarterly cash dividend of $0.265 per share, which is set to be paid on August 21, 2025, to shareholders who are on record by August 7, 2025. The company is a leading global provider of water and energy movement systems and components, catering to various sectors such as residential, commercial, and industrial markets. Franklin Electric has been recognized in 2024 for its responsible and trustworthy business practices by Newsweek and USA Today. The press release also includes a "Safe Harbor" statement highlighting the risks and uncertainties surrounding forward-looking statements related to economic conditions, market demand, and other factors that could affect the company's performance.
Potential Positives
- Franklin Electric's declaration of a quarterly cash dividend of $0.265 per share demonstrates its commitment to returning value to shareholders.
- The company has been recognized in Newsweek’s lists of America’s Most Responsible Companies and Most Trustworthy Companies for 2024, highlighting its dedication to corporate responsibility and transparency.
- Franklin Electric's inclusion in USA Today’s America’s Climate Leaders 2024 underscores its efforts towards sustainability and environmental stewardship, appealing to socially conscious investors and customers.
Potential Negatives
- Despite the announcement of a cash dividend, the press release underscores significant uncertainties and risks that could affect the company's future financial performance, as detailed in the "Safe Harbor" statement.
- The lengthy disclaimer regarding forward-looking statements may raise concerns among investors about the company's ability to achieve its financial goals and navigate market challenges.
- The press release does not provide specific financial results or projections, which could lead to uncertainty regarding the company's current performance and future outlook.
FAQ
What is the declared cash dividend for Franklin Electric in August 2025?
The Board of Directors declared a quarterly cash dividend of $0.265 per share.
When will the cash dividend be payable?
The cash dividend will be payable on August 21, 2025.
Who qualifies for the cash dividend from Franklin Electric?
Shareholders of record on August 7, 2025, will qualify for the cash dividend.
What recognition has Franklin Electric recently received?
Franklin Electric has been recognized in Newsweek’s lists of America’s Most Responsible Companies and America’s Climate Leaders for 2024.
What industries does Franklin Electric serve?
Franklin Electric serves residential, commercial, agricultural, industrial, municipal, and fueling applications globally.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FELE Insider Trading Activity
$FELE insiders have traded $FELE stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $FELE stock by insiders over the last 6 months:
- DAVID M WATHEN has made 0 purchases and 4 sales selling 99,402 shares for an estimated $8,530,123.
- JEFFERY L TAYLOR (Vice President and CFO) sold 9,789 shares for an estimated $881,235
- DELANCEY W DAVIS (President, Headwater Companies) sold 961 shares for an estimated $99,122
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$FELE Hedge Fund Activity
We have seen 167 institutional investors add shares of $FELE stock to their portfolio, and 155 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FIRST TRUST ADVISORS LP added 659,742 shares (+160.4%) to their portfolio in Q1 2025, for an estimated $61,936,578
- BLACKROCK, INC. removed 590,578 shares (-8.1%) from their portfolio in Q1 2025, for an estimated $55,443,462
- GAMMA INVESTING LLC removed 191,427 shares (-99.4%) from their portfolio in Q2 2025, for an estimated $17,178,658
- STATE STREET CORP removed 137,163 shares (-6.1%) from their portfolio in Q1 2025, for an estimated $12,876,862
- PROFICIO CAPITAL PARTNERS LLC removed 134,379 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $12,615,500
- JACOBS LEVY EQUITY MANAGEMENT, INC added 134,132 shares (+inf%) to their portfolio in Q1 2025, for an estimated $12,592,312
- VANGUARD GROUP INC removed 127,653 shares (-2.7%) from their portfolio in Q1 2025, for an estimated $11,984,063
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
FORT WAYNE, Ind., July 28, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.265 per share payable August 21, 2025, to shareholders of record on August 7, 2025.
About Franklin Electric
Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy. Recognized as a technical leader in its products and services, Franklin Electric serves customers around the world in residential, commercial, agricultural, industrial, municipal, and fueling applications. Franklin Electric is proud to be recognized in Newsweek’s lists of America’s Most Responsible Companies and Most Trustworthy Companies for 2024 and America’s Climate Leaders 2024 by USA Today.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein, including those relating to market conditions or the Company’s financial results, costs, expenses or expense reductions, profit margins, inventory levels, foreign currency translation rates, liquidity expectations, business goals and sales growth, involve risks and uncertainties, including but not limited to, risks and uncertainties with respect to general economic and currency conditions, various conditions specific to the Company’s business and industry, weather conditions, new housing starts, market demand, competitive factors, changes in distribution channels, supply constraints, effect of price increases, raw material costs, technology factors, integration of acquisitions, litigation, government and regulatory actions, the Company’s accounting policies, future trends, epidemics and pandemics, and other risks which are detailed in the Company’s Securities and Exchange Commission filings, included in Item 1A of Part I of the Company’s Annual Report on Form 10-K for the fiscal year ending December 31, 2024, Exhibit 99.1 attached thereto and in Item 1A of Part II of the Company’s Quarterly Reports on Form 10-Q. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements.
| CONTACT: | Jennifer A. Wolfenbarger |
| Franklin Electric Co., Inc. | |
| [email protected] |
