Franklin Electric Co., Inc. (NASDAQ:FELE) Updates On Quarterly Dividend


As per Franklin Electric Co., Inc. (NASDAQ:FELE) statement on 2016-07-25, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.1 per share as dividend to stakeholders. The record date is set as 2016-08-04, the payout date as 2016-08-18 and the ex-dividend date is 2016-08-02.

Last fiscal Franklin Electric Co., Inc. (NASDAQ:FELE) disbursed cash dividend of $0.1. A year ago, the payout was $0.1, which indicates a difference of 10.0719%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.1, implying 8.2358% growth.

For the period ended on 2015-12-31, Franklin Electric Co., Inc. (NASDAQ:FELE)’s earnings came at $0.51 per share compared to EPS of $0.45 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-25. For this quarter, the analysts have earnings estimate of $0.48 per share.

The interim price target for Franklin Electric Co., Inc. (NASDAQ:FELE) is set at $36.5. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Franklin Electric Co., Inc. (NASDAQ:FELE) is seen at $42 and the lowest level is established at $26. This broad range highlights a standard deviation of $7.141 in reported estimates.

Shares of the Franklin Electric Co., Inc. (NASDAQ:FELE) traded in the range of $37.89 to $38.5 and closed the last trading session at $38.16 on a volume of ((Volume:238}}.

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