Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares
August 15 2017 - 9:01AM
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, 2017 to shareholders of record on
October 13, 2017.
Bel currently has approximately 12,044,000
common shares outstanding, of which 2,175,000 are Class A common
shares and 9,869,000 are Class B common shares.
About BelBel (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, military, aerospace, transportation and broadcasting
industries. 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:
Darrow Associates
tel 516.419.9915
pseltzberg@darrowir.com
Company Contact:
Daniel Bernstein
President
ir@belf.com
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