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Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares

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JERSEY CITY, N.J., Feb. 23, 2021 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares.

Cash dividends for Class A and Class B common shares are payable on April 30, 2021 to shareholders of record on April 15, 2021.

Bel currently has approximately 12,354,000 common shares outstanding, of which 2,145,000 are Class A common shares and 10,209,000 are Class B common shares.

About Bel
Bel (www.belfuse.com) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. These products are primarily used in the networking, telecommunications, computing, military, aerospace, medical, transportation and broadcasting industries. Bel's product groups include Magnetic Solutions (integrated connector modules, power transformers, power inductors and discrete components), Power Solutions and Protection (front-end, board-mount and industrial power products, module products and circuit protection), and Connectivity Solutions (expanded beam fiber optic, copper-based, RF and RJ connectors and cable assemblies). The Company operates facilities around the world.

Investor Contact:Company Contact: 
Darrow AssociatesDaniel Bernstein 
tel 516.419.9915President 
pseltzberg@darrowir.com ir@belf.com
 

Bel Fuse Inc.

NASDAQ:BELFA

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Capacitor, Resistor, Coil, Transformer, and Other Inductor Manufacturing
Manufacturing
Link
Manufacturing, Electronic Components, Capacitor, Resistor, Coil, Transformer, and Other Inductor Manufacturing , Electronic Technology
US
Jersey City

About BELFA

founded in 1949, bel designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. with over 60 years in the electronics industry, bel has reliably demonstrated the ability to succeed in a variety of product areas across multiple industries. the company has a strong track record of technical innovation working with the engineering teams of market leaders.bel has consistently proven to be a valuable supplier to the foremost companies in its chosen industries by developing cost effective solutions for the challenges of new product development. by combining our strength in product design with our own specially-designed manufacturing facilities, bel has established itself as a formidable competitor on a global basis.