Bel Fuse Inc. (NASDAQ:BELFA - Get Free Report) announced a quarterly dividend on Tuesday, October 29th, Zacks reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.06 per share by the scientific and technical instruments company on Friday, January 31st. This represents a $0.24 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date is Wednesday, January 15th.
Bel Fuse has increased its dividend by an average of 1.4% annually over the last three years. Bel Fuse has a dividend payout ratio of 4.8% meaning its dividend is sufficiently covered by earnings.
Bel Fuse Price Performance
Shares of BELFA stock traded down $0.17 during trading on Wednesday, hitting $101.97. The company had a trading volume of 9,913 shares, compared to its average volume of 12,357. The firm has a market capitalization of $1.29 billion, a P/E ratio of 18.11 and a beta of 1.28. Bel Fuse has a one year low of $49.78 and a one year high of $105.60. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.76 and a current ratio of 4.19. The stock's 50-day moving average price is $95.72 and its 200 day moving average price is $85.13.
About Bel Fuse
(
Get Free Report)
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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