Bel Fuse Inc. (NASDAQ:BELFA) declared a quarterly dividend on Wednesday, August 3rd. Shareholders of record on Friday, October 14th will be given a dividend of 0.06 per share on Tuesday, November 1st. This represents a $0.24 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Wednesday, October 12th.
Bel Fuse (NASDAQ:BELFA) opened at 20.71 on Friday. The company’s market cap is $247.24 million. Bel Fuse has a 52-week low of $9.69 and a 52-week high of $21.80. The firm’s 50-day moving average price is $19.75 and its 200-day moving average price is $16.57.
Bel Fuse (NASDAQ:BELFA) last posted its quarterly earnings results on Wednesday, July 27th. The company reported $0.43 earnings per share for the quarter. Bel Fuse had a negative net margin of 13.26% and a positive return on equity of 9.12%. On average, equities analysts anticipate that Bel Fuse will post $1.50 EPS for the current year.
Separately, TheStreet raised shares of Bel Fuse from a “sell” rating to a “hold” rating in a research note on Wednesday, September 21st.
About Bel Fuse
Bel Fuse Inc (Bel) designs, manufactures and markets a range of products that power, protect and connect electronic circuits. The Company’s products include magnetic solutions, power solutions and protection, and connectivity solutions. The Company’s operating segments are North America, Asia and Europe.
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