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): March 4, 2003

                           FREQUENCY ELECTRONICS, INC.
             (Exact name of registrant as specified in its charter)


     Delaware                        1-8061                      11-1986657
(State or other jurisdiction      (Commission                 (I.R.S. Employer
  of incorporation)               File Number)               Identification No.)


55 Charles Lindbergh Blvd., Mitchel Field, NY                        11553
(Address of principal executive offices)                          (Zip Code)

                                 (516) 794-4500
              (Registrant's telephone number, including area code)

                                      NONE
              (Former name, former address and former fiscal year,
                         if changed since last report)

-----------------------------------------------------------------------

                                Page 1 of 3 pages



ITEM 5.  OTHER EVENTS

     On March 4, 2003, the board of directors of  registrant,  pursuant to its
current policy for payment of cash dividends, declared a cash dividend. The cash
dividend  is in the per  share  amount  of  $0.10  on the  common  stock  of the
registrant,  payable on June 1, 2003 to stockholders of record of such stock
at the close of business on April 30, 2003.
     Registrant's  cash dividend policy calls for the declaration and payment of
such dividends to holders of registrant's common stock:

     a.   Subject to the discretion and  satisfaction of  registrant's  board of
          directors with registrant's  financial  condition,  the results of its
          operations, and its prospects for future investments in growth, at the
          times of the declarations of such dividends; and

     b.   Subject to the discretion and  satisfaction  of the board as aforesaid
          in declaring such dividends, to be paid on each of June 1 and December
          1 to  the  shareholders  of  record,  respectively,  at the  close  of
          business on April 30 and October 31.



<PAGE>


                                   SIGNATURES


     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.


                                              FREQUENCY ELECTRONICS, INC.



                                              By: /s/Alan Miller
                                                  --------------
                                                   Alan Miller
                                                   Chief Financial Officer
                                                   and Treasurer

Dated: March 12, 2003
[{"type": "8-K", "sequence": "1", "filename": "div8k01_03.txt", "description": "DIVIDEND DECLARATION", "secsgml_size_bytes": 3162}]
{"company-data": {"conformed-name": "FREQUENCY ELECTRONICS INC", "cik": "0000039020", "assigned-sic": "3825", "irs-number": "111986657", "state-of-incorporation": "DE", "fiscal-year-end": "0430"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-08061", "film-number": "03600715"}, "business-address": {"street1": "55 CHARLES LINDBERGH BLVD", "city": "MITCHEL FIELD", "state": "NY", "zip": "11553", "phone": "5167944500"}, "mail-address": {"street1": "55 CHARLES LINDBERGH BOULEVARD", "city": "MITCHELL FIELD", "state": "NY", "zip": "11553"}}
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): March 4, 2003

                           FREQUENCY ELECTRONICS, INC.
             (Exact name of registrant as specified in its charter)

     Delaware                        1-8061                      11-1986657
(State or other jurisdiction      (Commission                 (I.R.S. Employer
  of incorporation)               File Number)               Identification No.)

55 Charles Lindbergh Blvd., Mitchel Field, NY                        11553
(Address of principal executive offices)                          (Zip Code)

                                 (516) 794-4500
              (Registrant's telephone number, including area code)

                                      NONE
              (Former name, former address and former fiscal year,
                         if changed since last report)

-----------------------------------------------------------------------

                                Page 1 of 3 pages

ITEM 5.  OTHER EVENTS

     On March 4, 2003, the board of directors of  registrant,  pursuant to its
current policy for payment of cash dividends, declared a cash dividend. The cash
dividend  is in the per  share  amount  of  $0.10  on the  common  stock  of the
registrant,  payable on June 1, 2003 to stockholders of record of such stock
at the close of business on April 30, 2003.
     Registrant's  cash dividend policy calls for the declaration and payment of
such dividends to holders of registrant's common stock:

     a.   Subject to the discretion and  satisfaction of  registrant's  board of
          directors with registrant's  financial  condition,  the results of its
          operations, and its prospects for future investments in growth, at the
          times of the declarations of such dividends; and

     b.   Subject to the discretion and  satisfaction  of the board as aforesaid
          in declaring such dividends, to be paid on each of June 1 and December
          1 to  the  shareholders  of  record,  respectively,  at the  close  of
          business on April 30 and October 31.
SIGNATURES

     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.

                                              FREQUENCY ELECTRONICS, INC.

                                              By: /s/Alan Miller
                                                  --------------
                                                   Alan Miller
                                                   Chief Financial Officer
                                                   and Treasurer

Dated: March 12, 2003