Benchmark Electronics, Inc. (BHE) Announces $0.15 Quarterly Dividend

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Benchmark Electronics, Inc. (NYSE:BHE) announced a quarterly dividend on Friday, March 15th, RTT News reports. Stockholders of record on Friday, March 29th will be paid a dividend of 0.15 per share by the technology company on Thursday, April 11th. This represents a $0.60 annualized dividend and a dividend yield of 2.28%.

Shares of NYSE:BHE traded up $0.15 during midday trading on Friday, hitting $26.27. The stock had a trading volume of 1,067,158 shares, compared to its average volume of 415,228. The company has a market cap of $1.07 billion, a price-to-earnings ratio of 18.12 and a beta of 0.68. The company has a quick ratio of 2.04, a current ratio of 2.61 and a debt-to-equity ratio of 0.13. Benchmark Electronics has a 1 year low of $20.01 and a 1 year high of $32.30.

Benchmark Electronics (NYSE:BHE) last issued its earnings results on Thursday, February 7th. The technology company reported $0.41 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.05. The business had revenue of $657.00 million for the quarter, compared to the consensus estimate of $632.27 million. Benchmark Electronics had a net margin of 0.89% and a return on equity of 5.60%. The business’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.49 earnings per share.

Several brokerages have recently weighed in on BHE. TheStreet raised shares of Benchmark Electronics from a “c” rating to a “b” rating in a report on Friday, February 8th. Sidoti started coverage on shares of Benchmark Electronics in a report on Friday, January 18th. They set a “buy” rating and a $34.00 price objective on the stock.

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About Benchmark Electronics

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

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Dividend History for Benchmark Electronics (NYSE:BHE)

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