JERSEY CITY, N.J., November 1, 2022 (GLOBE NEWSWIRE) — BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per share on its Class A common stock and $0.07 per share on its Class B common stock. Announced.
Cash dividends on Class A and Class B common stock will be paid on February 1, 2023 to shareholders of record of January 13, 2023.
Bel currently has approximately 12,480,000 shares of common stock in issue, of which 2,142,000 are Class A common stock and 10,338,000 are Class B common stock.
About Bell
Bell (www.belfuse.com) designs, manufactures and markets a wide range 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 product portfolio also has applications in the automotive, medical, broadcast and consumer electronics markets. Bel’s product groups include Magnetic Solutions (Integrated Connector Modules, Power Transformers, Power Inductors, Discrete Components), Power Solutions and Protection (Front Ends, Board Mounts, Industrial Power Products, Modular Products, Circuit Protection), and Connectivity Solutions (extended beam fiber optics, copper-based RF and RJ connectors and cable assemblies). We operate facilities around the world.
Investor Contact:
Stephen Hooser or Gene Marie Young
Three Part Advisors, LLC
(631) 418-4339
Company Contact:
Lynn Hutkin
Director of Financial Reporting
ir@belf.com
