Franklin Electric Co Inc Dividends
The next dividend date for Franklin Electric Co Inc has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Franklin Electric Co Inc (FELE)
More About Franklin Electric Co Inc
Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Water Systems, Energy Systems, and Distribution segments. The Water Systems segment offers motors, pumps, water treatment systems, monitoring devices, and related parts and equipment for use in groundwater, water transfer, and wastewater in a range of residential, agricultural, municipal, and industrial applications; and electronic drives and controls for the motors, which control functionality and provide protection from various hazards, such as electrical surges, over-heating, and dry wells or dry tanks. Its Energy Systems segment produces and markets pumps, motors, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment for use in energy system applications; and components between the tanks and the dispensers, including submersible pumps, station hardware, piping, and corrosion control systems. This segment serves other energy markets, such as power reliability systems, including intelligent electronic devices that are designed for online monitoring for the power utility, hydroelectric, rail, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells its products to wholesale and retail distributors, specialty distributors, and industrial and petroleum equipment distributors, as well as to oil and utility companies, and original equipment manufacturers. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.
Owning Franklin Electric Co Inc Stock on the Dividend Date
If you own Franklin Electric Co Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Franklin Electric Co Inc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Franklin Electric Co Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Franklin Electric Co Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Franklin Electric Co Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Franklin Electric Co Inc Dividends
You can contact us any time if you would like to ask questions about Franklin Electric Co Inc dividends or anything else related to the stock market.