Bel Fuse Inc. Confirms Dividends for Class A and B Shares
Bel Fuse Inc. Declares Quarterly Cash Dividends
Bel Fuse Inc. 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. This announcement underscores the company's ongoing commitment to delivering value to its shareholders.
Dividend Payment Details
These cash dividends for both Class A and Class B common shares are scheduled for payment on a specified future date. Shareholders of record will need to ensure their holdings are in place by a designated date to qualify for the dividends.
Overview of Shareholder Structure
Currently, Bel Fuse has approximately 12,663,000 common shares issued and outstanding. A significant portion of these shares are comprised of Class A and Class B common shares, indicating a diverse ownership structure that supports the company’s operational and strategic objectives.
Bel Fuse’s Business Operations
Bel Fuse is a premier manufacturer that designs, produces, and markets a wide range of products aimed at powering, protecting, and connecting electronic circuits. These products are vital across various industries, including networking, telecommunications, computational technology, and military applications.
Innovative Product Lines of Bel Fuse
The portfolio includes Magnetic Solutions featuring integrated connector modules, power transformers, power inductors, and discrete components. Additionally, their Power Solutions and Protection groups focus on industrial power products and circuit protection, while Connectivity Solutions cover a range of connectors and cable assemblies.
Commitment to Growth and Advancement
Bel Fuse is dedicated to innovation and operational excellence. With facilities located globally, the company is positioned to enhance its market reach while continuing to develop cutting-edge solutions catered to evolving industry demands.
Investor Relations and Contact Information
For inquiries regarding investment matters or the company’s performance, investors can contact Steven Hooser or Jean Marie Young at Three Part Advisors, LLC. They are reachable at (631) 418-4339. For direct company inquiries, Lynn Hutkin serves as the Vice President of Financial Reporting and Investor Relations.
Future Outlook
The company's strategies aim to maximize shareholder value and capitalize on market opportunities. As Bel Fuse continues to expand and develop its product offerings, the outlook remains strong for sustaining dividends and fostering investor confidence.
Frequently Asked Questions
What dividends have been declared by Bel Fuse Inc.?
The dividends declared are $0.06 per share for Class A shares and $0.07 per share for Class B shares.
When will the dividends be paid?
The cash dividends are set to be paid on a specific date to shareholders who are recorded on a predetermined date.
How many common shares does Bel Fuse currently have outstanding?
Bel Fuse has approximately 12,663,000 common shares outstanding.
What industries does Bel Fuse serve?
Bel Fuse serves a wide range of industries including telecommunications, networking, military, commercial aerospace, and consumer electronics.
How can I contact Bel Fuse for more information?
Investors can contact Steven Hooser or Jean Marie Young through their investor relations firm or reach out directly to Lynn Hutkin for company matters.
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