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

Bel Fuse Inc. (NASDAQ:BELFA) declared a quarterly dividend on Thursday, February 20th, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.06 per share by the scientific and technical instruments company on Thursday, May 1st. This represents a $0.24 annualized dividend and a yield of 0.28%. The ex-dividend date of this dividend is Tuesday, April 15th.

Bel Fuse has a payout ratio of 3.6% meaning its dividend is sufficiently covered by earnings.

Bel Fuse Stock Up 1.4 %

Bel Fuse stock opened at $84.64 on Friday. The firm has a market cap of $1.06 billion, a PE ratio of 27.39 and a beta of 1.23. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.71 and a current ratio of 2.92. The firm’s 50 day moving average price is $87.32 and its two-hundred day moving average price is $92.29. Bel Fuse has a twelve month low of $51.00 and a twelve month high of $106.93.

Bel Fuse (NASDAQ:BELFA) last released its quarterly earnings data on Tuesday, February 18th. The scientific and technical instruments company reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.44. The firm had revenue of $149.86 million for the quarter, compared to analyst estimates of $126.41 million. Bel Fuse had a net margin of 7.66% and a return on equity of 18.61%.

Bel Fuse Company Profile

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.