Belden Inc (NYSE:BDC – Get Free Report) declared a quarterly dividend on Thursday, May 21st. Investors of record on Tuesday, June 16th will be paid a dividend of 0.05 per share by the industrial products company on Thursday, July 9th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date is Tuesday, June 16th.
Belden has a payout ratio of 2.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Belden to earn $9.20 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 2.2%.
Belden Stock Performance
Shares of BDC opened at $104.81 on Friday. The business’s fifty day moving average price is $118.23 and its 200 day moving average price is $121.60. Belden has a 12-month low of $101.00 and a 12-month high of $159.99. The stock has a market capitalization of $4.08 billion, a PE ratio of 17.64 and a beta of 1.18. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.09 and a quick ratio of 1.40.
Belden Company Profile
Belden, formerly Belden Inc (NYSE:BDC), was a global provider of signal transmission solutions for demanding applications. The company produced a wide range of copper and fiber optic cables, connectors, patch panels, cable assemblies, and surge protection devices. Its portfolio extended into networking and security hardware, including managed switches, industrial routers, and software tools for remote monitoring and network management.
Founded in 1902 and headquartered in St. Louis, Missouri, Belden built its reputation on delivering highâperformance, reliable products for harsh environments.
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