Bel Fuse Inc. (NASDAQ:BELFA) will begin trading ex-dividend on July 14, 2020. The quarterly dividend payment of $ 0.06 per share is scheduled to be paid on July 31, 2020. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date, latest at the end of the trading session on July 14, 2020.
Dividends History
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Recent Earnings Announcement
Bel Fuse Inc. unveiled loss for the first quarter of $ 0.28 per share, from the revenue of $ 103.98 million. The quarterly earnings enlarged 13.08 percent while revenues compared with the same quarter last year.
The consensus estimates are loss of $ 0.30 per share from $ 115.00 million in revenue. The bottom line results beat street analysts by $ 0.02 or 6.67 percent, at the same time, top line results fell short of analysts by $ 11.02 million or 9.58 percent.
Stock Performance
According to the previous trading day, closing price of BELFA was $ 9.21, representing a 51.48 % increase from the 52 week low of $ 6.08 and a 47.67 % decrease over the 52 week high of $ 17.60.
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The company has a market capital of $ 109.33 million and is part of the Technology sector and Electronic Components industry.
Bel Fuse Inc. designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, and consumer electronic industries in North America, Asia, and Europe. It offers magnetic products, such as integrated connector modules; power transformers; SMD power inductors and SMPS transformers; and telecom discrete components.