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

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Bel Fuse Inc. (NASDAQ: BELFA and BELFB) has announced its regular quarterly cash dividends. The company's Board of Directors declared dividends of $0.06 per share for Class A common shares and $0.07 per share for Class B common shares. These dividends will be payable on November 1, 2024, to shareholders of record as of October 15, 2024. Bel Fuse currently has approximately 12,549,000 common shares outstanding, consisting of 2,116,000 Class A common shares and 10,433,000 Class B common shares.

Bel Fuse Inc. (NASDAQ: BELFA e BELFB) ha annunciato i suoi dividendi in contanti trimestrali regolari. Il Consiglio di Amministrazione della società ha dichiarato dividendi di $0,06 per azione per le azioni ordinarie di Classe A e $0,07 per azione per le azioni ordinarie di Classe B. Questi dividendi saranno pagabili il 1 novembre 2024, agli azionisti registrati al 15 ottobre 2024. Bel Fuse attualmente ha circa 12.549.000 azioni ordinarie in circolazione, composte da 2.116.000 azioni di Classe A e 10.433.000 azioni di Classe B.

Bel Fuse Inc. (NASDAQ: BELFA y BELFB) ha anunciado sus dividendos en efectivo trimestrales regulares. La Junta Directiva de la empresa declaró dividendos de $0.06 por acción para las acciones comunes de Clase A y $0.07 por acción para las acciones comunes de Clase B. Estos dividendos se pagarán el 1 de noviembre de 2024, a los accionistas registrados a partir del 15 de octubre de 2024. Actualmente, Bel Fuse tiene aproximadamente 12,549,000 acciones comunes en circulación, consistentes en 2,116,000 acciones de Clase A y 10,433,000 acciones de Clase B.

Bel Fuse Inc. (NASDAQ: BELFA와 BELFB)는 정기 분기 현금 배당금을 발표했습니다. 회사 이사회는 클래스 A 보통주에 대해 $0.06 per share, 클래스 B 보통주에 대해 $0.07 per share의 배당금을 선언했습니다. 이 배당금은 2024년 11월 1일에 지급될 예정이며, 기록된 주주들은 2024년 10월 15일 기준입니다. 현재 Bel Fuse는 약 12,549,000개의 보통주가 발행되어 있으며, 2,116,000개의 클래스 A 보통주와 10,433,000개의 클래스 B 보통주로 구성됩니다.

Bel Fuse Inc. (NASDAQ: BELFA et BELFB) a annoncé ses dividendes en espèces trimestriels réguliers. Le Conseil d'administration de l'entreprise a déclaré des dividendes de $0,06 par action pour les actions ordinaires de Classe A et $0,07 par action pour les actions ordinaires de Classe B. Ces dividendes seront payables le 1er novembre 2024, aux actionnaires inscrits au 15 octobre 2024. Actuellement, Bel Fuse a environ 12.549.000 actions ordinaires en circulation, composées de 2.116.000 actions de Classe A et 10.433.000 actions de Classe B.

Bel Fuse Inc. (NASDAQ: BELFA und BELFB) hat seine regulären vierteljährlichen Barausschüttungen bekannt gegeben. Der Vorstand des Unternehmens hat Dividenden von $0,06 pro Aktie für die Stammaktien der Klasse A und $0,07 pro Aktie für die Stammaktien der Klasse B beschlossen. Diese Dividenden werden am 1. November 2024 an die zum 15. Oktober 2024 eingetragenen Aktionäre ausgezahlt. Bel Fuse hat derzeit etwa 12.549.000 Stammaktien im Umlauf, darunter 2.116.000 Aktien der Klasse A und 10.433.000 Aktien der Klasse B.

Positive
  • Regular quarterly dividend maintained, indicating financial stability
  • Dividend payment demonstrates commitment to shareholder returns
  • Different dividend rates for Class A and Class B shares, potentially optimizing shareholder value
Negative
  • None.

WEST ORANGE, N.J., Aug. 01, 2024 (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 November 1, 2024 to shareholders of record on October 15, 2024.

Bel currently has approximately 12,549,000 common shares outstanding, of which 2,116,000 are Class A common shares and 10,433,000 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


FAQ

What is the dividend amount for Bel Fuse Inc. (BELFA) Class A shares?

Bel Fuse Inc. (BELFA) has declared a dividend of $0.06 per share for Class A common shares.

When is the dividend payment date for Bel Fuse Inc. (BELFA)?

The dividend payment date for Bel Fuse Inc. (BELFA) is November 1, 2024.

What is the record date for Bel Fuse Inc. (BELFA) dividend?

The record date for Bel Fuse Inc. (BELFA) dividend is October 15, 2024.

How many Class A common shares does Bel Fuse Inc. (BELFA) have outstanding?

Bel Fuse Inc. (BELFA) has approximately 2,116,000 Class A common shares outstanding.

Bel Fuse Inc

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Electronic Components
Electronic Coils, Transformers & Other Inductors
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United States of America
WEST ORANGE