Benchmark Electronics, Inc. (NYSE:BHE) to Issue Quarterly Dividend of $0.17

Key Points

• Benchmark Electronics, Inc. has declared a quarterly dividend of $0.17 per share, payable on October 13th to investors of record as of September 30th.
• The company reports a payout ratio of 25.8%, indicating that its dividend is well-covered by earnings.
• Despite reporting better-than-expected earnings and revenue, shares of Benchmark Electronics have decreased by 2.7% during trading hours, closing at $38.98.

Benchmark Electronics, Inc. (NYSE:BHE - Get Free Report) declared a quarterly dividend on Tuesday, September 9th, RTT News reports. Investors of record on Tuesday, September 30th will be given a dividend of 0.17 per share by the technology company on Monday, October 13th. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%.

Benchmark Electronics has a payout ratio of 25.8% indicating that its dividend is sufficiently covered by earnings.

Benchmark Electronics Stock Down 2.7%

Shares of BHE traded down $1.10 during trading hours on Tuesday, reaching $38.98. 183,322 shares of the stock traded hands, compared to its average volume of 317,055. The company has a current ratio of 2.36, a quick ratio of 1.46 and a debt-to-equity ratio of 0.18. The stock has a fifty day simple moving average of $39.62 and a 200 day simple moving average of $38.14. Benchmark Electronics has a 52 week low of $30.73 and a 52 week high of $52.57. The company has a market cap of $1.40 billion, a price-to-earnings ratio of 37.12 and a beta of 1.05.

Benchmark Electronics (NYSE:BHE - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The technology company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.54 by $0.01. The business had revenue of $642.34 million for the quarter, compared to analyst estimates of $638.67 million. Benchmark Electronics had a net margin of 1.48% and a return on equity of 6.08%. The company's revenue for the quarter was down 3.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.57 earnings per share. Benchmark Electronics has set its Q3 2025 guidance at 0.560-0.620 EPS.

About Benchmark Electronics

Benchmark Electronics, Inc, together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services.

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