Bel Fuse Inc. (BELFA) To Go Ex-Dividend on October 15th

Bel Fuse Inc. (NASDAQ:BELFA) declared a quarterly dividend on Thursday, August 1st, Zacks reports. Stockholders of record on Tuesday, October 15th will be given a dividend of 0.06 per share by the scientific and technical instruments company on Friday, November 1st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.29%. The ex-dividend date of this dividend is Tuesday, October 15th.

Bel Fuse has raised its dividend by an average of 1.4% per year over the last three years. Bel Fuse has a dividend payout ratio of 4.8% indicating that its dividend is sufficiently covered by earnings.

Bel Fuse Stock Performance

NASDAQ BELFA opened at $83.35 on Friday. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 14.80 and a beta of 1.36. The company has a quick ratio of 2.76, a current ratio of 4.19 and a debt-to-equity ratio of 0.17. The business has a 50-day moving average price of $83.11 and a 200-day moving average price of $74.38. Bel Fuse has a twelve month low of $38.82 and a twelve month high of $93.75.

Bel Fuse (NASDAQ:BELFA) last released its quarterly earnings data on Wednesday, July 24th. The scientific and technical instruments company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.59. The firm had revenue of $133.21 million during the quarter. Bel Fuse had a return on equity of 21.62% and a net margin of 11.81%.

Bel Fuse Company Profile

Bel Fuse Inc designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries.