Bel Fuse Inc. (BELFA) To Go Ex-Dividend on January 15th

Bel Fuse Inc. (NASDAQ:BELFA) announced a quarterly dividend on Wednesday, October 22nd. Shareholders of record on Thursday, January 15th will be paid a dividend of 0.06 per share by the scientific and technical instruments company on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, January 15th.

Bel Fuse has decreased its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 1 years. Bel Fuse has a dividend payout ratio of 4.0% meaning its dividend is sufficiently covered by earnings.

Bel Fuse Price Performance

NASDAQ BELFA opened at $169.07 on Tuesday. The company has a quick ratio of 1.75, a current ratio of 3.06 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $2.14 billion, a PE ratio of 34.29 and a beta of 1.22. Bel Fuse has a 12-month low of $53.95 and a 12-month high of $172.27. The company has a 50 day moving average price of $143.13 and a two-hundred day moving average price of $123.77.

Bel Fuse (NASDAQ:BELFA) last released its quarterly earnings results on Wednesday, October 29th. The scientific and technical instruments company reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.40 by $0.59. The company had revenue of $178.98 million during the quarter, compared to analysts’ expectations of $171.69 million. Bel Fuse had a net margin of 10.04% and a return on equity of 21.18%.

Bel Fuse Company Profile

Bel Fuse Inc, incorporated in 1949 and headquartered in Jersey City, New Jersey, designs and manufactures a broad range of electronic components aimed at ensuring reliable power delivery, circuit protection and signal connectivity. The company operates through two primary segments—Power Solutions Group and Telecom Products Group—serving original equipment manufacturers in multiple end markets, including telecommunications, data communications, consumer electronics, industrial and transportation.

Within its Power Solutions Group, Bel Fuse offers magnetic components such as power and signal transformers, inductors and coils, as well as circuit protection devices including fuses and resettable polyfuses.