Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares
Rhea-AI Summary
Bel Fuse (NASDAQ:BELFA, BELFB) has announced its regular quarterly cash dividend declaration. The company's Board of Directors has approved dividends of $0.06 per share for Class A common shares and $0.07 per share for Class B common shares. The dividends will be paid on May 1, 2025, to shareholders of record as of April 15, 2025.
The company currently has approximately 12,540,000 total common shares outstanding, comprising 2,115,000 Class A common shares and 10,425,000 Class B common shares.
Positive
- Consistent quarterly dividend payments demonstrate financial stability
- Maintaining dividend levels indicates strong cash flow position
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, BELFA declined 2.09%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
WEST ORANGE, N.J., Feb. 19, 2025 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of
Cash dividends for Class A and Class B common shares are payable on May 1, 2025 to shareholders of record on April 15, 2025.
Bel currently has approximately 12,540,000 common shares outstanding, of which 2,115,000 are Class A common shares and 10,425,000 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, high-speed data transmission, military, commercial aerospace, transportation and e-Mobility industries. Bel’s portfolio of products also finds application in the automotive, medical and consumer electronics markets. 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: Steven Hooser or Jean Marie Young Three Part Advisors, LLC (631) 418-4339 | Company Contact: Lynn Hutkin VP of Financial Reporting and Investor Relations ir@belf.com | |