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

Belden Inc (NYSE:BDC) declared a quarterly dividend on Monday, August 17th. Investors of record on Wednesday, September 16th will be given a dividend of 0.05 per share by the industrial products company on Thursday, October 8th. This represents a c) dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Wednesday, September 16th.

Belden has a payout ratio of 2.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Belden to earn $10.16 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 2.0%.

Belden Price Performance

Shares of BDC opened at $137.74 on Tuesday. The firm has a market cap of $5.38 billion, a PE ratio of 22.40 and a beta of 1.12. The firm’s 50 day moving average price is $116.15 and its 200 day moving average price is $120.54. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.49 and a current ratio of 2.14. Belden has a twelve month low of $98.00 and a twelve month high of $159.99.

Belden (NYSE:BDC) last posted its earnings results on Thursday, July 30th. The industrial products company reported $2.34 EPS for the quarter, topping the consensus estimate of $2.02 by $0.32. The company had revenue of $750.16 million during the quarter, compared to the consensus estimate of $746.75 million. Belden had a net margin of 8.52% and a return on equity of 25.00%. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.89 earnings per share. Belden has set its Q3 2026 guidance at 2.150-2.300 EPS. As a group, research analysts expect that Belden will post 8.69 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Millennium Management LLC grew its position in shares of Belden by 9.6% in the first quarter. Millennium Management LLC now owns 78,865 shares of the industrial products company’s stock valued at $7,906,000 after purchasing an additional 6,894 shares during the last quarter. United Services Automobile Association bought a new stake in Belden during the 1st quarter valued at approximately $264,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Belden by 8.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,807 shares of the industrial products company’s stock valued at $13,214,000 after purchasing an additional 10,077 shares during the period. Jane Street Group LLC grew its holdings in Belden by 18.3% in the 1st quarter. Jane Street Group LLC now owns 58,028 shares of the industrial products company’s stock valued at $5,817,000 after buying an additional 8,961 shares during the last quarter. Finally, Acadian Asset Management LLC lifted its holdings in shares of Belden by 273.7% during the first quarter. Acadian Asset Management LLC now owns 3,984 shares of the industrial products company’s stock worth $399,000 after buying an additional 2,918 shares during the last quarter. Institutional investors and hedge funds own 98.75% of the company’s stock.

About Belden

Belden, formerly Belden Inc (NYSE:BDC), was a global provider of signal transmission solutions for demanding applications. The company produced a wide range of copper and fiber optic cables, connectors, patch panels, cable assemblies, and surge protection devices. Its portfolio extended into networking and security hardware, including managed switches, industrial routers, and software tools for remote monitoring and network management.

Founded in 1902 and headquartered in St. Louis, Missouri, Belden built its reputation on delivering high?performance, reliable products for harsh environments.