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8-K - 8K COVER SHEET - FRANKLIN ELECTRIC CO INC | dividenddeclaration.htm |
Exhibit
Index
EXHIBIT
NO. (99) Press release, dated April 30, 2010 issued by Franklin Electric Co.,
Inc.
EXHIBIT
99
ADDITIONAL
EXHIBITS
Press
Release
For
Immediate Release For Further Information
Refer
to: John J. Haines
260-824-2900
FRANKLIN ELECTRIC DECLARES PAYMENT OF
QUARTERLY
CASH DIVIDEND ON COMMON STOCK
Bluffton, Indiana, April 30,
2010 – R. Scott Trumbull, Chairman and Chief Executive Officer of
Franklin Electric Co., Inc., (NASDAQ:FELE) announced today that the Board of
Directors declared a quarterly cash dividend of $.13 per
share payable May 27, 2010 to shareowners of record on May 13,
2010. This represents an increase from the prior quarterly dividend
of $.125 per share.
Franklin
Electric is a global leader in the production and marketing of systems and
components for the movement of water and automotive fuels. Recognized as a
technical leader in its specialties, Franklin Electric serves customers around
the world in residential, commercial, agricultural, industrial, municipal, and
fueling applications.
“Safe Harbor” Statement under the
Private Securities Litigation Reform Act of 1995. Any forward-looking
statements contained herein, including those relating to the Company’s financial
results, business goals and sales growth, involve risks and uncertainties,
including but not limited to, risks and uncertainties with respect to general
economic and currency conditions, various conditions specific to the Company’s
business and industry, weather conditions, new housing starts, market demand,
competitive factors, changes in distribution channels, supply constraints,
technology factors, litigation, government and regulatory actions, the Company’s
accounting policies, future trends, and other risks which are detailed in the
Company’s Securities and Exchange Commission filings, included in Item 1A of
Part I of the Company’s Annual Report on Form 10-K for the fiscal year ending
January 2, 2010, Exhibit 99.1 attached thereto and in Item 1A of Part II of the
Company’s Quarterly Reports on Form 10-Q. These risks and uncertainties may
cause actual results to differ materially from those indicated by the
forward-looking statements. All forward-looking statements made herein are based
on information currently available, and the Company assumes no obligation to
update any forward-looking statements.