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. The company was founded in 1944 and is headquartered in Fort Wayne, Indiana.

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Five Nasdaq Stocks Go Ex-Dividend August 6, Requiring Purchase by Today

Five Nasdaq-listed companies—Wintrust Financial, Silicon Motion Technology, Franklin Electric, TriMas, and Eagle Bancorp—all go ex-dividend on August 6, 2026, meaning investors must buy shares by market close today, August 5, to qualify for their upcoming quarterly payouts. Wintrust Financial raised its dividend 10% to $0.55 per share, yielding 1.32%, while Franklin Electric extended a multi-decade streak of increases with a $0.28 payout. Silicon Motion Technology offers a $0.50 dividend but has surged 184% year to date on AI storage demand, making its 0.79% yield a thin label on a high-growth stock. Eagle Bancorp slashed its dividend 94% to just $0.01 amid negative earnings and $47.9 million in net charge-offs, flagging it as a credit turnaround bet rather than an income play. TriMas pays a token $0.04 quarterly dividend, unchanged for years, representing a modest capital-return feature.

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Franklin Electric beats Q2 estimates and raises full-year guidance

Franklin Electric reported second-quarter non-GAAP earnings per share of $1.55, beating analyst estimates by $0.12, while revenue rose 6% year-over-year to $622.9 million, exceeding expectations by $16.97 million. The company also raised its full-year 2026 guidance, now projecting adjusted diluted earnings per share between $4.50 and $4.70, compared to a consensus estimate of $4.59, and net sales in the range of $2.21 billion to $2.29 billion, versus a consensus of $2.23 billion.

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