Benchmark Electronics, Inc. (BHE) to Issue Quarterly Dividend of $0.17 on January 13th

Benchmark Electronics, Inc. (NYSE:BHE) declared a quarterly dividend on Monday, December 15th. Stockholders of record on Wednesday, December 31st will be paid a dividend of 0.17 per share by the technology company on Tuesday, January 13th. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Wednesday, December 31st.

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

Benchmark Electronics Trading Down 3.4%

NYSE BHE opened at $45.61 on Wednesday. The company has a quick ratio of 1.50, a current ratio of 2.32 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $1.63 billion, a P/E ratio of 44.71 and a beta of 1.05. Benchmark Electronics has a 52-week low of $30.73 and a 52-week high of $50.26. The firm has a 50-day moving average price of $43.70 and a 200 day moving average price of $40.75.

Benchmark Electronics (NYSE:BHE) last announced its quarterly earnings data on Tuesday, November 4th. The technology company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.05. Benchmark Electronics had a return on equity of 6.15% and a net margin of 1.43%.The company had revenue of $680.68 million for the quarter, compared to analyst estimates of $661.67 million. During the same quarter in the previous year, the company earned $0.57 EPS. The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.

Insider Transactions at Benchmark Electronics

In other Benchmark Electronics news, SVP Stephen J. Beaver sold 8,750 shares of the company’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $46.92, for a total value of $410,550.00. Following the sale, the senior vice president owned 86,995 shares of the company’s stock, valued at approximately $4,081,805.40. This represents a 9.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Rhonda R. Turner sold 10,000 shares of the firm’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $47.83, for a total value of $478,300.00. Following the completion of the transaction, the senior vice president owned 34,701 shares of the company’s stock, valued at approximately $1,659,748.83. This represents a 22.37% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 48,967 shares of company stock valued at $2,275,882. Company insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Benchmark Electronics

A number of large investors have recently added to or reduced their stakes in BHE. First Trust Advisors LP grew its holdings in Benchmark Electronics by 39.0% during the 2nd quarter. First Trust Advisors LP now owns 1,790,647 shares of the technology company’s stock valued at $69,531,000 after buying an additional 502,717 shares during the last quarter. Tributary Capital Management LLC raised its holdings in shares of Benchmark Electronics by 92.5% in the third quarter. Tributary Capital Management LLC now owns 879,486 shares of the technology company’s stock worth $33,904,000 after acquiring an additional 422,608 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of Benchmark Electronics by 14.4% in the third quarter. Franklin Resources Inc. now owns 2,688,298 shares of the technology company’s stock valued at $103,634,000 after acquiring an additional 338,081 shares in the last quarter. Kennedy Capital Management LLC boosted its stake in shares of Benchmark Electronics by 141.8% during the third quarter. Kennedy Capital Management LLC now owns 363,651 shares of the technology company’s stock valued at $14,019,000 after acquiring an additional 213,276 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in shares of Benchmark Electronics during the first quarter valued at $6,746,000. 92.29% of the stock is owned by institutional investors and hedge funds.

Benchmark Electronics Company Profile

Benchmark Electronics, Inc, together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services.