Bel Fuse Inc. (NASDAQ:BELFB) to Issue $0.07 Quarterly Dividend

Key Points

• Bel Fuse Inc. announced a quarterly dividend of $0.07 per share payable May 1 to shareholders of record April 15 (ex-dividend April 15), amounting to a $0.28 annualized payout and roughly a 0.1% yield.
• The dividend appears well-covered, with a current payout ratio of about 4.7% and analysts projecting $5.43 in EPS next year (implying an expected payout ratio near 5.2%).
• The stock trades around $235.54 with a market cap of $2.98 billion, a P/E of ~48 and a 52-week range of $64.00 to $248.61, reflecting significant appreciation over the past year.

Bel Fuse Inc. (NASDAQ:BELFB - Get Free Report) announced a quarterly dividend on Tuesday, February 17th. Shareholders of record on Wednesday, April 15th will be paid a dividend of 0.07 per share by the electronics maker on Friday, May 1st. This represents a c) annualized dividend and a yield of 0.1%. The ex-dividend date is Wednesday, April 15th.

Bel Fuse has a payout ratio of 4.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Bel Fuse to earn $5.43 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 5.2%.

Bel Fuse Price Performance

NASDAQ:BELFB opened at $235.54 on Monday. The firm has a market capitalization of $2.98 billion, a price-to-earnings ratio of 47.97, a PEG ratio of 2.40 and a beta of 1.56. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.02 and a quick ratio of 1.71. The business has a 50 day simple moving average of $216.34 and a 200-day simple moving average of $182.88. Bel Fuse has a 1 year low of $64.00 and a 1 year high of $248.61.

About Bel Fuse

Bel Fuse Inc is a global manufacturer of electronic components that bridge power, data and video applications. The company offers a comprehensive portfolio of products, including board-level circuit protection devices such as fuses, positive temperature coefficient (PTC) resistors and inductors; power transformers, modules and supplies; as well as connectivity solutions encompassing USB, HDMI, RJ45, coaxial and fiber-optic connectors. These products serve a wide array of end markets, including telecommunications, data communications, consumer electronics, industrial automation, automotive and renewable energy.

Founded in 1949 and headquartered in Oradell, New Jersey, Bel Fuse has grown through organic expansion and strategic acquisitions.

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