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

Bel Fuse Inc. (NASDAQ:BELFB) declared a quarterly dividend on Monday, August 3rd. Investors of record on Thursday, October 15th will be given a dividend of 0.07 per share by the electronics maker on Friday, October 30th. This represents a c) annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Thursday, October 15th.

Bel Fuse has a dividend payout ratio of 4.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Bel Fuse to earn $8.81 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 3.2%.

Bel Fuse Price Performance

Shares of NASDAQ BELFB opened at $274.83 on Tuesday. The firm has a market capitalization of $3.50 billion, a PE ratio of 66.38, a price-to-earnings-growth ratio of 2.82 and a beta of 1.72. The company has a debt-to-equity ratio of 0.47, a quick ratio of 3.20 and a current ratio of 4.48. Bel Fuse has a fifty-two week low of $124.42 and a fifty-two week high of $335.29. The stock’s 50-day simple moving average is $280.41 and its 200-day simple moving average is $247.55.

Bel Fuse Company Profile

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.