Bel Fuse Inc. (NASDAQ:BELFB) dividends of $0.07 are projected for the near future; this is why.

January 10, 2018 - By Ellis Scott

 Bel Fuse Inc. (NASDAQ:BELFB) dividends of $0.07 are projected for the near future; this is why.
Investors sentiment increased to 1.45 in 2017 Q3. Its up 0.56, from 0.89 in 2017Q2. It increased, as 6 investors sold Bel Fuse Inc. shares while 27 reduced holdings. 13 funds opened positions while 35 raised stakes. 7.13 million shares or 1.15% more from 7.05 million shares in 2017Q2 were reported.
Wealthtrust Axiom Limited Liability Com accumulated 10,829 shares. Metropolitan Life Ins Ny, New York-based fund reported 6,918 shares. Royal Comml Bank Of Canada holds 0% or 799 shares. California State Teachers Retirement Systems invested 0% of its portfolio in Bel Fuse Inc. (NASDAQ:BELFB). Pnc Fincl Ser Grp Inc holds 0% or 13,917 shares in its portfolio. Schwab Charles Invest Management Incorporated reported 43,870 shares or 0% of all its holdings. Deutsche Bankshares Ag stated it has 0% of its portfolio in Bel Fuse Inc. (NASDAQ:BELFB). Parkside Financial Bank And stated it has 0% in Bel Fuse Inc. (NASDAQ:BELFB). Rbf Lc holds 0.03% or 8,100 shares in its portfolio. Cadence Cap Ltd stated it has 0.04% in Bel Fuse Inc. (NASDAQ:BELFB). Federated Investors Pa holds 29,693 shares. Invsts Asset Management Of Georgia Ga Adv has invested 0.3% in Bel Fuse Inc. (NASDAQ:BELFB). Morgan Stanley has invested 0% in Bel Fuse Inc. (NASDAQ:BELFB). Legal And General Grp Public Limited Liability Company stated it has 0% of its portfolio in Bel Fuse Inc. (NASDAQ:BELFB). Jacobs Levy Equity Mgmt reported 12,351 shares.

Bel Fuse Inc. (NASDAQ:BELFB) is expected to pay $0.07 on Feb 1, 2018. The indicated annual dividend is $0.28. Shareholders owning the stock before Jan 11, 2018 will be eligible to receive the payout. Based on Bel Fuse Inc.’s current price of $23.75, the dividend is 0.29 %. This dividend’s record date is Jan 15, 2018 and the announcement date is Nov 2, 2017. The stock decreased 2.86% or $0.7 during the last trading session, reaching $23.75. About 12,973 shares traded. Bel Fuse Inc. (NASDAQ:BELFB) has risen 41.76% since January 10, 2017 and is uptrending. It has outperformed by 25.06% the S&P500.

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 worldwide. The company has market cap of $280.67 million. It offers magnetic products, such as integrated connector modules; power transformers; SMD power inductors and SMPS transformers; and telecom discrete components. It has a 23.26 P/E ratio. The firm also provides power solutions and protection products comprising front-end power supplies; board-mount power products; industrial power products; module products; and circuit protection products.

More notable recent Bel Fuse Inc. (NASDAQ:BELFB) news were published by: Prnewswire.com which released: “Bel Fuse Inc. Awards Digi-Key Electronics with Distributor of the Year Award” on May 23, 2017, also Seekingalpha.com with their article: “Bel Fuse’ (BELFB) CEO Dan Bernstein on Q3 2017 Results – Earnings Call Transcript” published on November 03, 2017, Thestreet.com published: “Mario Gabelli Targets Tiny Bel Fuse and its Dual-Class Structure” on January 26, 2017. More interesting news about Bel Fuse Inc. (NASDAQ:BELFB) were released by: Globenewswire.com and their article: “Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and …” published on August 15, 2017 as well as Seekingalpha.com‘s news article titled: “Bel Fuse’ (BELFB) CEO Daniel Bernstein on Q2 2017 Results – Earnings Call …” with publication date: August 06, 2017.

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