Belden Inc (NYSE:BDC) to Issue $0.05 Quarterly Dividend

Belden Inc (NYSE:BDC) announced a quarterly dividend on Monday, August 17th. Stockholders of record on Wednesday, September 16th will be given a dividend of 0.05 per share by the industrial products company on Thursday, October 8th. This represents a c) annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Wednesday, September 16th.

Belden has a dividend payout ratio of 2.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Belden to earn $10.16 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 2.0%.

Belden Stock Up 1.4%

Shares of NYSE:BDC opened at $137.74 on Tuesday. The firm has a fifty day moving average price of $116.15 and a two-hundred day moving average price of $120.54. The company has a market cap of $5.38 billion, a price-to-earnings ratio of 22.40 and a beta of 1.12. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.14 and a quick ratio of 1.49. Belden has a one year low of $98.00 and a one year high of $159.99.

Belden (NYSE:BDC) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.02 by $0.32. Belden had a return on equity of 25.00% and a net margin of 8.52%.The firm had revenue of $750.16 million during the quarter, compared to analysts’ expectations of $746.75 million. During the same period in the prior year, the business earned $1.89 EPS. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. Belden has set its Q3 2026 guidance at 2.150-2.300 EPS. Analysts anticipate that Belden will post 8.69 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Citigroup began coverage on Belden in a research report on Friday, June 26th. They set a “buy” rating and a $150.00 price objective for the company. Fox Advisors upgraded shares of Belden from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. Wall Street Zen upgraded Belden from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 1st. Zacks Research raised shares of Belden from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 4th. Finally, Truist Financial reissued a “buy” rating and set a $145.00 price objective (down from $155.00) on shares of Belden in a report on Friday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $156.25.

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 high‐performance, reliable products for harsh environments.