Bel Fuse Inc. (NASDAQ:BELFA - Get Free Report) declared a quarterly dividend on Thursday, February 20th, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.06 per share by the scientific and technical instruments company on Thursday, May 1st. This represents a $0.24 annualized dividend and a dividend yield of 0.28%. The ex-dividend date is Tuesday, April 15th.
Bel Fuse has a payout ratio of 3.7% meaning its dividend is sufficiently covered by earnings.
Bel Fuse Trading Down 0.5 %
BELFA traded down $0.40 on Monday, hitting $84.24. The company had a trading volume of 9,965 shares, compared to its average volume of 9,696. The firm has a market cap of $1.06 billion, a P/E ratio of 27.26 and a beta of 1.23. Bel Fuse has a 1 year low of $56.69 and a 1 year high of $106.93. The company's fifty day moving average price is $86.99 and its 200 day moving average price is $92.46. The company has a current ratio of 2.92, a quick ratio of 2.71 and a debt-to-equity ratio of 0.80.
Bel Fuse (NASDAQ:BELFA - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The scientific and technical instruments company reported $1.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.44. The company had revenue of $149.86 million for the quarter, compared to analyst estimates of $126.41 million. Bel Fuse had a net margin of 7.66% and a return on equity of 18.61%.
About Bel Fuse
(
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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.
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