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Stock impact report

Franklin Electric (NASDAQ:FELE) Is Increasing Its Dividend To $0.28 [Yahoo! Finance]

Franklin Electric Co., Inc. (FELE) 
Last franklin electric co., inc. earnings: 4/28 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Despite this raise, the dividend yield of 1.1% is only a modest boost to shareholder returns. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. While yield is important, another factor to consider about a company's dividend is whether the current payout levels are feasible. However, prior to this announcement, Franklin Electric's dividend was comfortably covered by both cash flow and earnings. This means that most of its earnings are being retained to grow the business. The next year is set to see EPS grow by 23.0%. If the dividend continues along recent trends, we estimate the payout ratio will be 31%, which is in the range that makes us comfortable with the sustainability of the dividend. Check out our latest analysis for Franklin Electric The company has been paying a dividend for a long time, and it has been quite stable which gives us confidence in the future dividend potential. The dividend has gone from an Show less Read more
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