Bel Fuse, Inc. (BELFB) Declares $0.07 Quarterly Dividend

Bel Fuse, Inc. (NASDAQ:BELFB) announced a quarterly dividend on Tuesday, November 14th, Wall Street Journal reports. Investors of record on Monday, January 15th will be given a dividend of 0.07 per share by the electronics maker on Thursday, February 1st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date is Thursday, January 11th.

Shares of Bel Fuse (NASDAQ BELFB) opened at $24.45 on Wednesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.59 and a current ratio of 2.66. Bel Fuse has a one year low of $21.65 and a one year high of $33.45. The stock has a market capitalization of $298.99, a price-to-earnings ratio of 24.95 and a beta of 0.76.

Bel Fuse (NASDAQ:BELFB) last announced its earnings results on Friday, November 3rd. The electronics maker reported $0.42 earnings per share for the quarter. Bel Fuse had a return on equity of 9.79% and a net margin of 2.50%.

In other news, insider Daniel Bernstein sold 3,000 shares of the stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $24.61, for a total transaction of $73,830.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Dennis Ackerman sold 2,500 shares of the stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $24.63, for a total value of $61,575.00. The disclosure for this sale can be found here. 8.84% of the stock is owned by corporate insiders.

Separately, BidaskClub lowered Bel Fuse from a “sell” rating to a “strong sell” rating in a research note on Saturday, January 6th.

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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.

Dividend History for Bel Fuse (NASDAQ:BELFB)

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