Good morning.
We’re starting the day with three major announcements. Two Dividend King utility stocks are raising their payout. And, Franklin Electric Co., Inc. has also declared its 34th consecutive annual dividend increase.
Let’s start with the biggest raise.
Franklin Electric Co., Inc. ($FELE) Raises Dividend By 5.7%
Franklin Electric Co., Inc. manufactures pumps and pumping systems. Its products pull groundwater for farms, move fuel at gas stations, and transport wastewater.
Franklin Electric may not be a household name, but its pumps and systems serve nearly every industry that involves moving liquids, from mining and construction to data centers and utility providers.
The company has raised its dividend for 34 consecutive years, and yesterday Franklin Electric announced a 5.7% increase.
Franklin Electric Co., Inc. will now pay a $0.44/share quarterly dividend.
Ex-dividend date: 2/9/26
Payout date: 3/2/26
Forward starting dividend yield: 3.36%
H2O America ($HTO) Raises Dividend By 4.8%
H2O America owns and operates local water and wastewater utilities across the United States.
The company often acquires small, regional water utilities and then upgrades and professionalizes their operations. H2O America serves approximately 407,000 water and wastewater connections and has paid dividends continuously for more than 80 years.
H2O America is also a Dividend King, with 58 consecutive years of dividend increases.
Yesterday, the company announced a 4.8% dividend raise.
H2O America will now pay a $0.28/share quarterly dividend.
Ex-dividend date: 2/5/26
Payout date: 2/19/26
Forward starting dividend yield: 1.12%
Black Hills Corporation ($BKH) Raises Dividend By 4%
Black Hills Corporation delivers natural gas and electricity to approximately 1.35 million customers across the Midwest and Mountain West. The company owns and operates pipelines, transmission lines, and power plants throughout Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming.
Black Hills Corporation has paid dividends for 84 consecutive years and is a Dividend King with 56 straight years of dividend growth.
Recently, the company announced its latest increase, a 4% dividend raise.
Black Hills Corporation will now pay a $0.703/share quarterly dividend.
Ex-dividend date: 2/17/26
Payout date: 3/1/26
Forward starting dividend yield: 3.92%
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Thank you for reading and enjoy your day!
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Disclaimer: This article is for entertainment purposes only. It is not financial advice, always do your own research.
