8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 3, 2015

FRANKLIN ELECTRIC CO., INC.

(Exact name of registrant as specified in its charter)

Indiana	0-362	35-0827455
(State of incorporation)	(Commission File Number)	(IRS employer identification no.)

9255 Coverdale Road
Fort Wayne, Indiana	46809
(Address of principal executive offices)	(Zip code)

(260) 824-2900

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[    ]    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[    ]    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[    ]    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[    ]    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events

On August 3, 2015, Franklin Electric Co., Inc., (the “Company”) issued a press release announcing that its Board of Directors i) issued a dividend in the amount of $0.0975 payable on August 20, 2015 to shareholders of record on August 10, 2015; and (ii) authorized the Company to increase the size of its previously authorized share repurchase program by an additional 3,000,000 shares. The authorization is in addition to the 535,107 shares that remained available for repurchase at the end of day, July 31, 2015. A copy of the press release announcing approval of the dividend and the increase in the share repurchase program is filed as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits:

Exhibit Number	Description
99.1	Press release - "Franklin Electric Declares Payment of Quarterly Cash Dividend and Announces an Increase to its Stock Repurchase Program"

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FRANKLIN ELECTRIC CO., INC.

(Registrant)

Date: August 3, 2015	By	/s/ John J. Haines
		John J. Haines
		Vice President and Chief Financial Officer and Secretary
		(Principal Financial and Accounting Officer)

EXHIBIT INDEX

Exhibit Number	Description
99.1	Press release - "Franklin Electric Declares Payment of Quarterly Cash Dividend and Announces an Increase to its Stock Repurchase Program"

EX-99.1

EXHIBIT 99.1

FOR IMMEDIATE RELEASE

Contact: John J. Haines

Franklin Electric Co., Inc.

260-824-2900

FRANKLIN ELECTRIC

DECLARES PAYMENT OF QUARTERLY CASH DIVIDEND

AND ANNOUNCES AN INCREASE TO ITS STOCK REPURCHASE PROGRAM

Fort Wayne, Indiana, August 3, 2015 - Gregg C. Sengstack, Chairman of the Board and Chief Executive Officer of Franklin Electric Co., Inc. (NASDAQ:FELE), announced that the Board of Directors declared a quarterly cash dividend of $.0975 per share payable August 20, 2015 to shareowners of record on August 10, 2015.

The Company’s Board of Directors also approved a stock repurchase program, authorizing the Company to repurchase up to 3,000,000 shares of outstanding common stock.

The Board of Directors had previously authorized a share repurchase program under which the remaining authorized amount is approximately 535,000 shares. The Company intends to complete the existing repurchase program before repurchasing shares under the new program.

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 market conditions or the Company’s financial results, costs, expenses or expense reductions, profit margins, inventory levels, foreign currency translation rates, liquidity expectations, 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, effect of price increases,  raw material costs, technology factors, integration of acquisitions, 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 3, 2015, 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.