Bel Fuse Inc. (NASDAQ:BELFA - Get Free Report) announced a quarterly dividend on Tuesday, April 30th, Zacks reports. Stockholders of record on Monday, July 15th will be paid a dividend of 0.06 per share by the scientific and technical instruments company on Thursday, August 1st. This represents a $0.24 annualized dividend and a dividend yield of 0.34%. The ex-dividend date of this dividend is Monday, July 15th.
Bel Fuse has increased its dividend by an average of 1.4% annually over the last three years. Bel Fuse has a payout ratio of 4.6% meaning its dividend is sufficiently covered by earnings.
Bel Fuse Stock Up 1.2 %
Shares of Bel Fuse stock traded up $0.82 during midday trading on Thursday, hitting $70.82. The company's stock had a trading volume of 10,579 shares, compared to its average volume of 7,756. The firm has a market capitalization of $903.66 million, a P/E ratio of 12.58 and a beta of 1.42. The stock has a 50-day simple moving average of $67.98 and a 200-day simple moving average of $62.59. The company has a quick ratio of 2.70, a current ratio of 4.21 and a debt-to-equity ratio of 0.17. Bel Fuse has a 1-year low of $38.82 and a 1-year high of $78.77.
Bel Fuse (NASDAQ:BELFA - Get Free Report) last issued its earnings results on Wednesday, February 21st. The scientific and technical instruments company reported $1.29 EPS for the quarter. The business had revenue of $140.01 million during the quarter. Bel Fuse had a return on equity of 24.29% and a net margin of 12.62%.
About Bel Fuse
(
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Bel Fuse Inc designs, manufactures, markets, and sells products that are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries in the United States, the People's Republic of China, Macao, the United Kingdom, Slovakia, Germany, India, Switzerland, and internationally.
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