Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares
August 01 2024 - 8:30AM
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 |
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