Franklin Electric Declares Quarterly Dividend of $0.25 Per Share
April 22 2024 - 8:00AM
Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its
Board of Directors declared a quarterly cash dividend of $0.25 per
share payable May 16, 2024, to shareholders of record on May 2,
2024.
About Franklin ElectricFranklin
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 named in Newsweek’s
lists of America’s Most Responsible Companies and Most Trustworthy
Companies for 2023 and America’s Climate Leaders 2023 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, 2023, 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: |
Jeffery L. Taylor |
|
Franklin Electric Co., Inc. |
|
InvestorRelations@fele.com |
|
260.824.2900 |
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