Franklin Electric Co., Inc.
FELE32 yrs growthIndustrials · Stock · quarterly payer
Forward Yield
1.02%
Annual Dividend
$1.12
Payout Ratio
31%
5-Yr Growth
11.3%
Ex-Date
Aug 6, 2026
Frequency
Quarterly
Summary
As of August 2026, Franklin Electric Co., Inc. (FELE) yields 1.02% ($1.12 per share annually), with a blended fair-value estimate of $95.13 — -13% downside, so it screens as fairly valued. Dividend safety grade: A (98/100). 32 years of dividend growth.
Is FELE a good dividend stock?
YesFranklin Electric Co., Inc. (FELE) pays a quarterly dividend yielding 1.02% ($1.12/yr), with 32 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 32 consecutive years of growth
- Comfortable payout ratio (31%)
- Strong 11.3% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 1993
Key Data
- Dividend Yield
- 1.02%
- Payout Ratio
- 31%
- Annual Dividend
- $1.12
- 5-Yr Avg Growth
- 11.3%
- Ex-Dividend Date
- Aug 6, 2026
- Years of Growth
- 32
- Frequency
- quarterly
- Beta
- 1.03
- Market Cap
- $4.8B
- P/E Ratio
- 31.5
- 5-Yr Total Return
- 29%
- 52-Week Range
- $89.54 – $115.82
- Dividend Safety
- A · 98/100
- Ever Cut?
- Yes (1993)
Frequently Asked Questions
FELE Price — Last 12 Months
Daily close
Price Return
1 Year
+12%
3 Years
+13%
5 Years
+29%
52-Week Range
$89.54 – $115.82
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FELE worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Franklin Electric Co., Inc. is $95.13 per share, versus a market price of $109.46. That implies the stock is roughly fairly priced.
Fair Value
$95.13
Current Price
$109.46
Gap
-13%
Margin of Safety
-15%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 12.2% annual free-cash-flow growth. We model 9.7% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.5% discount rate (CAPM), 9.7% stage-1 growth, 2.5% terminal growth, $3.48 EPS, $1.12 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FELE Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 6, 2026 | — | $0.2800 | regular |
| May 7, 2026 | — | $0.2800 | regular |
| Feb 5, 2026 | — | $0.2800 | regular |
| Nov 6, 2025 | — | $0.2650 | regular |
| Aug 7, 2025 | — | $0.2650 | regular |
| May 8, 2025 | — | $0.2650 | regular |
| Feb 6, 2025 | — | $0.2650 | regular |
| Nov 7, 2024 | — | $0.2500 | regular |
| Aug 1, 2024 | — | $0.2500 | regular |
| May 1, 2024 | — | $0.2500 | regular |
| Jan 31, 2024 | — | $0.2500 | regular |
| Nov 1, 2023 | — | $0.2250 | regular |
| Aug 2, 2023 | — | $0.2250 | regular |
| May 3, 2023 | — | $0.2250 | regular |
Income Calculator
At $1.12 / yr per share
