Bel Fuse Inc. Announces Quarterly Dividend of $0.07 Per Share
Bel Fuse Inc. (BELFB) has declared a quarterly dividend of $0.07 per share, maintaining its previous payout level. The dividend carries a forward yield of 0.12%, with the ex-dividend date and record date both set for January 15, and payment scheduled for January 29. In addition to the dividend announcement, the company provided positive guidance regarding its upcoming fiscal performance. Bel Fuse expects Q4 net sales to fall between $220 million and $240 million, supported by gross margins of 40% to 42%. This outlook is driven by sustained strong demand within the data solutions and defense sectors.
Topics: dividend declaration gross margin guidance quarterly earnings revenue guidance