Bel Fuse Inc.'s stock surged 6.52% in pre-market trading on Wednesday after the company announced its regular quarterly cash dividends on its Class A and Class B common shares.
The company declared a quarterly cash dividend of $0.06 per share on its Class A common shares and $0.07 per share on its Class B common shares. The dividends are payable on May 1, 2025, to shareholders of record as of April 15, 2025.
Bel Fuse designs, manufactures, and markets products that power, protect, and connect electronic circuits, primarily used in the networking, telecommunications, computing, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries. The company's portfolio also finds application in the automotive, medical, and consumer electronics markets.
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