Benchmark Electronics, Inc. Announces Quarterly Dividend of $0.17 (NYSE:BHE)

Benchmark Electronics, Inc. (NYSE:BHEGet Free Report) announced a quarterly dividend on Tuesday, September 8th. Stockholders of record on Wednesday, September 30th will be paid a dividend of 0.17 per share by the technology company on Tuesday, October 13th. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, September 30th.

Benchmark Electronics has raised its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 1 years. Benchmark Electronics has a dividend payout ratio of 25.8% meaning its dividend is sufficiently covered by earnings.

Benchmark Electronics Stock Up 1.6%

Shares of NYSE BHE opened at $73.78 on Wednesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.31 and a current ratio of 1.99. The stock has a market capitalization of $2.65 billion, a P/E ratio of 50.19 and a beta of 1.26. The stock’s fifty day moving average is $79.11 and its 200 day moving average is $74.62. Benchmark Electronics has a 52 week low of $35.91 and a 52 week high of $100.41.

Benchmark Electronics (NYSE:BHEGet Free Report) last issued its earnings results on Wednesday, July 29th. The technology company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.69 by $0.06. Benchmark Electronics had a return on equity of 7.28% and a net margin of 1.89%.The firm had revenue of $755.98 million during the quarter, compared to the consensus estimate of $720.00 million. During the same quarter in the previous year, the firm earned $0.03 earnings per share. The business’s quarterly revenue was up 17.7% on a year-over-year basis. Benchmark Electronics has set its Q3 2026 guidance at 0.760-0.820 EPS.

Insider Buying and Selling at Benchmark Electronics

In other news, SVP Stephen Beaver sold 20,000 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $86.25, for a total transaction of $1,725,000.00. Following the transaction, the senior vice president owned 75,020 shares of the company’s stock, valued at $6,470,475. This represents a 21.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its position in Benchmark Electronics by 30.2% in the 1st quarter. Royal Bank of Canada now owns 14,420 shares of the technology company’s stock valued at $548,000 after purchasing an additional 3,341 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Benchmark Electronics by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,239 shares of the technology company’s stock worth $808,000 after acquiring an additional 931 shares during the last quarter. Caxton Associates LLP acquired a new position in Benchmark Electronics during the 1st quarter valued at about $202,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Benchmark Electronics by 12.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 104,673 shares of the technology company’s stock worth $3,981,000 after purchasing an additional 11,369 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in shares of Benchmark Electronics by 99.8% during the first quarter. Jane Street Group LLC now owns 107,802 shares of the technology company’s stock valued at $4,100,000 after buying an additional 53,840 shares during the last quarter. 92.29% of the stock is owned by institutional investors and hedge funds.

Benchmark Electronics Company Profile

(Get Free Report)

Benchmark Electronics, Inc is a global provider of comprehensive electronics manufacturing services (EMS) and integrated engineering solutions. The company offers a full suite of services that span the entire product lifecycle, from early‐stage design and prototyping to high‐volume production and aftermarket support. Benchmark serves diverse end markets, including industrial automation, medical devices, communications, aerospace and defense, and semiconductor equipment.

At the core of Benchmark’s offering are printed circuit board assemblies (PCBA), system integration, box build assemblies and turnkey manufacturing.

Further Reading

Dividend History for Benchmark Electronics (NYSE:BHE)

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