Welcome to our dedicated page for Belden news (Ticker: BDC), a resource for investors and traders seeking the latest updates and insights on Belden stock.
Belden Inc. (NYSE: BDC) is a global supplier of specialty networking and complete connection solutions, with a history of more than 120 years and headquarters in St. Louis. The Belden news feed on Stock Titan aggregates company announcements, press releases and regulatory updates so readers can follow how the business is evolving across automation, smart infrastructure and critical networking markets.
Recent Belden news has covered a range of topics, including private offerings of senior subordinated notes, the planned redemption of existing notes, quarterly dividend declarations and quarterly financial results. These items give investors insight into Belden’s capital structure, liquidity management and approach to returning capital through dividends and share repurchases.
Operational and technology-focused news highlights product launches and collaborations. Belden has announced new industrial networking and connectivity products such as industrial access points, industrial firewalls, Ethernet switches, specialty cables and automation cordsets aimed at enhancing performance, security and reliability in automation and smart infrastructure environments. The company has also reported on physical AI safety and quality systems developed with partners like Accenture and NVIDIA, and on its affiliation with the Chicago Quantum Exchange to explore quantum-safe networking.
Governance and leadership updates, such as board appointments and executive leadership changes, are also disclosed through Belden’s news releases. By reviewing this news stream, readers can track financial performance, capital markets activity, product innovation, strategic partnerships and governance developments that shape Belden’s role in industrial networking and connectivity.
Belden Inc. (NYSE: BDC) has declared a quarterly dividend of $0.05 per share, payable on July 7, 2022. Shareholders on record as of June 16, 2022 will receive this dividend. The company specializes in mission-critical network infrastructure solutions, catering to the growing demand for reliable data transmission in industrial and enterprise markets. Founded in 1902 and headquartered in location value="LU/us.mo.stluis"St. Louis, Belden operates manufacturing facilities across location value="LB/nam"North America, location value="LR/eur"Europe, location value="LR/asp"Asia, and location value="LR/afr"Africa.
Belden Inc. (NYSE: BDC) has announced six product launches for Q2 2022, enhancing its specialty networking solutions. Key offerings include Hirschmann BXS Gigabit Switches for efficient connectivity and Hirschmann GREYHOUND Ethernet Switches for robust performance. Additionally, Lumberg Automation introduces LioN-X® IO-Link Masters for better PLC integration. Notably, Belden's Digital Electricity™ Class 4 Cables received UL certification, enabling safe power transmission over long distances. The OSP Dry Loose Tube Cables boast a significantly reduced lead time, enhancing project efficiency.
Belden Inc. (NYSE: BDC) has received accolades as one of the Best Employers in the Baden-Wurttemberg region and for Manufacturing & Industry 2022 from Great Place to Work®. This recognition, based on employee surveys, highlights Belden's commitment to a culture of trust, cooperation, and employee satisfaction. Leah Tate, EVP of HR, emphasized the importance of a welcoming workplace, and Mirjam Bosshard affirmed the whole team's role in achieving this honor.
Belden Inc. (NYSE: BDC) will host its Investor Day on June 15, 2022, from 10:00 am to 1:30 pm Eastern Time at the New York Stock Exchange. CEO Roel Vestjens and CFO Jeremy Parks will present updates on the company's strategy to increase shareholder value. A Q&A session will follow. The event requires registration by June 8, 2022, and a live webcast will be available for those who cannot attend in person.
For more details, visit Belden’s Investor Relations page.
Belden Inc. (NYSE: BDC) announces that its Singapore and Hong Kong offices have secured Great Place to Work Certification, marking the fifth and sixth locations to achieve this in recent months. The recognition stems from a survey involving nearly 37,000 employees, reflecting Belden's commitment to fostering a culture of belonging and empowerment. Over 86% of employees in Singapore and more than 89% in Hong Kong reported high satisfaction levels, indicating a positive workplace environment. The company continues to prioritize employee engagement and diversity through its 'Belong. Believe. Be You.' initiative.
Belden Inc. (NYSE: BDC) reported strong financial results for Q1 2022, with revenues of $610.4 million, up 20% from $508.7 million YoY. Net income rose to $44.1 million, yielding an EPS of $0.97, compared to $0.64 last year. Adjusted EBITDA increased 30% to $99.5 million, reflecting a margin of 16.3%. The company divested Tripwire for $350 million and made several strategic acquisitions totaling $85 million. Full-year revenue guidance has been raised to $2.480 - $2.530 billion, with adjusted EPS expectations set at $5.55 - $5.85, demonstrating a projected growth of 17% to 23%.
Belden Inc., a global leader in specialty networking solutions, has achieved the industry's first UL Class 4 certification for its Digital Electricity (DE) Cables. This new standard enhances safety and efficiency in fault-managed power systems, enabling users to deliver significantly more power over long distances compared to traditional methods. DE Cables provide a competitive alternative to AC power while ensuring safety through automatic shutoff mechanisms during fault events. The certification supports NEC's upcoming regulations, marking a significant advancement for the industry.
Belden Inc. (NYSE: BDC) has announced its ambitious 2025 environmental, social, and governance (ESG) goals, aimed at enhancing workplace diversity, reducing carbon emissions, and promoting ethical practices. Key targets include a 25% reduction in emissions from fiscal year 2019 levels, increasing renewable energy use, and achieving 90% waste diversion from landfills. Additionally, the company seeks to deliver unconscious bias training to all employees and engage 85% of workers in development opportunities. These initiatives reflect Belden's commitment to sustainability and ethical governance.
Belden Inc. (NYSE: BDC) will release its fiscal first quarter results for the period ending April 3, 2022 on May 4, 2022, prior to market opening. A conference call to discuss these results is scheduled for 8:30 a.m. Eastern Time that day. The call can be accessed via the internet at Belden Investor Relations or by phone at 888-204-4368 with confirmation code 8215820. A replay will be available for a limited time on the website.
Belden Inc. (NYSE:BDC), a global leader in specialty networking solutions, announced that Technology Solutions Architect Henry Franc has been appointed Chair of the Telecommunications Industry Association’s TR42 Telecommunications Cabling Systems Engineering Committee. The committee focuses on establishing standards for telecommunications cabling infrastructure for various facilities. Belden's team, led by Franc, emphasizes product-agnostic standards that benefit customers. This initiative aligns with Belden's core value of 'Reaching for Greatness' and showcases its long-standing commitment to improving connectivity solutions.