Belden Inc Plans Quarterly Dividend of $0.05 (NYSE:BDC)

Belden Inc (NYSE:BDC) announced a quarterly dividend on Thursday, November 20th. Investors of record on Thursday, December 11th will be paid a dividend of 0.05 per share by the industrial products company on Thursday, January 8th. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, December 11th.

Belden has a payout ratio of 2.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Belden to earn $8.38 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 2.4%.

Belden Stock Performance

NYSE:BDC opened at $106.22 on Friday. Belden has a twelve month low of $83.18 and a twelve month high of $133.77. The company has a quick ratio of 1.35, a current ratio of 1.99 and a debt-to-equity ratio of 1.03. The stock’s 50-day simple moving average is $118.71 and its 200 day simple moving average is $118.70. The firm has a market capitalization of $4.17 billion, a PE ratio of 19.24 and a beta of 1.26.

Belden (NYSE:BDC) last posted its quarterly earnings results on Thursday, October 30th. The industrial products company reported $1.97 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. The company had revenue of $698.22 million for the quarter, compared to the consensus estimate of $679.61 million. Belden had a net margin of 8.60% and a return on equity of 23.29%. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period last year, the company posted $1.70 EPS. Belden has set its Q4 2025 guidance at 1.900-2.000 EPS. On average, analysts anticipate that Belden will post 7.07 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on BDC. Weiss Ratings reiterated a “hold (c+)” rating on shares of Belden in a research note on Wednesday, October 8th. Wall Street Zen cut Belden from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 3rd. Finally, Benchmark lifted their target price on shares of Belden from $130.00 to $145.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $136.67.

About Belden

Belden Inc designs, manufactures, and markets a portfolio of signal transmission solutions for mission critical applications in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Automation Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area networks, data centers, access control, 5G, fiber to the home, and building automation.