Franklin Electric Co., Inc Declares Payment of Quarterly Cash Dividend, Payable May 19, 2022
April 25, 2022 at 08:00 am EDT
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Franklin Electric Co., Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.195 per share payable May 19, 2022, to shareholders of record on May 5, 2022.
Franklin Electric Co., Inc. designs, manufactures and distributes water and fuel pumping systems, composed primarily of submersible motors, pumps, electronic controls, water treatment systems and related parts and equipment. The Company's segments include Water Systems, Fueling Systems, and Distribution segments. Its Water Systems segment is engaged in the production and marketing of water pumping systems and offers motors, pumps, drives, electronic controls and monitoring devices. It also designs, manufactures and sells motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment for use in groundwater, water transfer and wastewater. Its Fueling Systems segment is engaged in the production and marketing of fuel pumping systems, fuel containment systems, and monitoring and control systems. The Distribution segment operates as a collection of wholly owned groundwater distributors known as the Headwater Companies.