Bel Fuse Inc. (NASDAQ:BELFB) will begin trading ex-dividend on July 14, 2020. The quarterly dividend payment of $ 0.07 per share is scheduled to be paid on July 31, 2020. Shareholders who purchased BELFB prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Recent Earnings Announcement
Bel Fuse Inc. disclosed loss for the first quarter of $ 0.29 per share, from the revenue of $ 103.98 million. The quarterly earnings while revenues compared with the same quarter last year.
According to street consensus, BELFB was expected to report 1Q20 loss of $ 0.44 per share from revenue of $ 108.25 million. The bottom line results beat street analysts by $ 0.15 or 34.09 percent, at the same time, top line results fell short of analysts by $ 4.27 million or 3.94 percent.
Stock Performance
According to the previous trading day, closing price of BELFB was $ 9.83, representing a 56.03 % increase from the 52 week low of $ 6.30 and a 54.28 % decrease over the 52 week high of $ 21.50.
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The company has a market capital of $ 121.43 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.
