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[BUSINESS] · United States · 3 sources

Franklin Electric Announces Dividend and Earnings Call as Frequency Electronics Plans $100 Million Offering

Franklin Electric Co., Inc. declared a quarterly cash dividend of $0.28 per share, payable on August 20, 2026, and held its second‑quarter 2026 earnings conference call, where CEO Joe Ruzynski and CFO Jennifer Wolfenbarger reviewed business performance and outlook.

Frequency Electronics, Inc. announced the commencement of an underwritten public offering of up to $100 million of common stock, with $62.5 million offered by the company and $37.5 million by affiliates of board member Jonathan Brolin. Morgan Stanley acts as lead book‑running manager, and the company will use net proceeds for growth, capital expenditures, and working capital.

Entities: Dean Cantrell · Franklin Electric Co., Inc. · Frequency Electronics, Inc. · Jonathan Brolin · Morgan Stanley & Co. LLC