Franklin Electric dividend yield calculator – FRANKLIN ELECTRIC Increases Quarterly Dividend by 15%, Yielding 1.06%
January 29, 2023
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Franklin Electric dividend yield calculator – Franklin Electric ($NASDAQ:FELE) Co., Inc. (FELE) is a leading manufacturer of electric motors and pumps used in various applications such as agriculture, water systems, and industrial equipment. FELE recently announced that they will be increasing their quarterly dividend by 15%, from $0.195 per share to $0.225 per share. This dividend will be payable on February 16th to shareholders of record as of February 2nd, with an ex-dividend date of February 1st. The forward yield comes to 1.06%. With this dividend increase, FELE is demonstrating their commitment to providing shareholders with a solid return on their investment.
This increase also reflects the company’s confidence in its financial strength, as well as its ability to generate stable and growing cash flows from its operations. For more information about FELE’s dividend policies and performance, please visit their Dividend Scorecard, Yield Chart, and Dividend Growth page. Overall, FELE is an excellent long-term investment for those who are seeking a consistent and reliable income stream. With a strong history of dividend increases and a solid financial position, FELE is well-positioned to continue delivering value to its shareholders into the future.
Dividends – Franklin Electric dividend yield calculator
FRANKLIN ELECTRIC, a leading supplier of systems and components for the movement of water and fuel, has announced that its quarterly dividend has been increased by 15%, yielding 1.06%. This marks the third consecutive year that FRANKLIN ELECTRIC has issued an annual dividend per share, with the previous three years yielding 0.76, 0.7 and 0.62 USD respectively. The dividend yields from 2020 to 2022 are 0.9%, 0.86% and 1.09%, with an average dividend yield of 0.95%. This increase in dividend is expected to benefit shareholders, as FRANKLIN ELECTRIC’s dividend yield is now significantly higher than the industry average. The company has also made efforts to reduce its debt and increase its cash flows, which have been reflected in their increased dividend payments.
The dividend increase is evidence of FRANKLIN ELECTRIC’s commitment to creating value for its shareholders. The company is confident that its strong balance sheet, along with its focus on operational efficiency and cost containment, will enable it to continue to generate strong returns in the future. This move will not only benefit current shareholders, but it should also attract new investors to the company.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Franklin Electric. More…
| Total Revenues | Net Income | Net Margin |
| 1.99k | 187.56 | 9.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Franklin Electric. More…
| Operations | Investing | Financing |
| 43.02 | -82.31 | 11.98 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Franklin Electric. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.72k | 686.84 | 21.31 |
Key Ratios Snapshot
Some of the financial key ratios for Franklin Electric are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.9% | 24.5% | 12.4% |
| FCF Margin | ROE | ROA |
| 0.2% | 15.3% | 9.0% |
Stock Price
Franklin Electric Co., Inc. announced on Monday that it is increasing its quarterly dividend by 15%, yielding 1.06%. This news sent the stock up 1.5% from its prior closing price of 85.1, with the stock opening at $86.1 and closing at $86.4. Franklin Electric is a leading global provider of systems and components for moving water and fuel for residential, commercial and industrial applications. It has a broad portfolio of products ranging from submersible motors and pumps to fuel pumps and controllers. Franklin Electric’s strong performance is largely attributed to its focus on innovation and service excellence, which has enabled it to provide superior solutions to its customers. The increased dividend will provide shareholders with an additional return on their investment.
It is an indication of the company’s commitment to providing enhanced shareholder value and rewarding its long-term investors. The dividend increase is the latest in a series of strategic initiatives taken by Franklin Electric to drive growth and profitability. The company has also implemented cost-saving measures and invested in technology and automation to improve efficiency. With its focus on innovation, service excellence, and cost-cutting measures, the company looks well-positioned for continued success in the future. Live Quote…
VI Analysis – Franklin Electric Intrinsic Value Calculation
The VI App has made it easy to analyze the company’s data, and the results show that the intrinsic value of its stock is $94.5. Currently, the stock is trading at $86.4, which is undervalued by 9%. This indicates that there is potential for long-term growth in the company’s stock. The company has a strong balance sheet, with adequate liquidity and a low debt-to-equity ratio. Its return on equity is also impressive, indicating strong management and a commitment to shareholder value. The company also has a solid dividend policy, with a steady payout ratio and an attractive yield. Furthermore, the company has a history of delivering growth in earnings and revenue. Its gross margins are also healthy, and its operating margins are increasing steadily. In addition, the company’s cash flow has been positive in recent years, indicating that it is in a strong financial position. Overall, Franklin Electric is an attractive investment opportunity due to its strong fundamentals. Its undervalued stock price makes it a good long-term bet for investors looking for long-term appreciation. With its solid balance sheet, attractive yield, and increasing revenues and earnings, the company has good potential for growth in the future. More…
VI Peers
Franklin Electric Co. Inc. is an American manufacturer of submersible motors, pumps, and control systems. The company operates in three segments: Water Systems, Fueling Systems, and Industrial Systems. The Water Systems segment provides submersible motors, pumps, and control systems for residential, farm, commercial, and industrial water applications. The Fueling Systems segment offers submersible pumps and motors for fueling applications, such as petrol stations and aviation refueling. The Industrial Systems segment provides submersible motors and pumps for a variety of industries, including chemical, oil and gas, mining, and water and wastewater treatment. The company’s competitors include JE Cleantech Holdings Ltd, KenMec Mechanical Engineering Co Ltd, and Siasun Robot & Automation Co Ltd.
– JE Cleantech Holdings Ltd ($NASDAQ:JCSE)
JE Cleantech Holdings Ltd is a solar energy company that designs, develops, manufactures, and sells solar photovoltaic modules and systems. The company has a market cap of 12.09M as of 2022 and a return on equity of -2.6%. JE Cleantech Holdings Ltd is headquartered in Hong Kong.
– KenMec Mechanical Engineering Co Ltd ($TPEX:6125)
KenMec Mechanical Engineering Co Ltd has a market cap of 5.89B as of 2022. Its Return on Equity is -5.05%. The company is engaged in the manufacturing of mechanical and electrical products. Its products include electric motors, generators, pumps, compressors, fans, and other mechanical products.
– Siasun Robot & Automation Co Ltd ($SZSE:300024)
Siasun Robot & Automation Co Ltd is a Chinese company that manufactures robots and automation equipment. The company has a market cap of 14.22B as of 2022 and a return on equity of -7.76%. The company’s products are used in a variety of industries, including automotive, electronics, food and beverage, and pharmaceuticals.
Summary
FRANKLIN ELECTRIC has recently announced an increase in its quarterly dividend of 15%, bringing its total yield to 1.06%. This is a positive signal for investors in the company, as higher dividends are typically seen as an indication of financial stability and a commitment to returning value to shareholders. It also represents an ideal way to earn passive income, as investors can continue to earn returns even when the company’s stock performance may be lagging. Investors should consider all available information on the company’s financial standing and performance when assessing FRANKLIN ELECTRIC as a potential investment.
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