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
(
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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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