Belden Inc (BDC) to Issue Quarterly Dividend of $0.05 on July 9th

Belden Inc (NYSE:BDC) declared a quarterly dividend on Thursday, May 21st. Shareholders of record on Tuesday, June 16th will be given 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 Price Performance

Belden stock opened at $115.17 on Friday. The company has a current ratio of 2.09, a quick ratio of 1.40 and a debt-to-equity ratio of 0.98. The company has a market capitalization of $4.48 billion, a PE ratio of 19.39 and a beta of 1.14. Belden has a 12 month low of $101.00 and a 12 month high of $159.99. The stock has a 50-day moving average price of $115.83 and a two-hundred day moving average price of $120.88.

Belden (NYSE:BDC) last posted its earnings results on Thursday, April 30th. The industrial products company reported $1.77 EPS for the quarter, beating the consensus estimate of $1.70 by $0.07. The firm had revenue of $696.38 million during the quarter, compared to the consensus estimate of $677.03 million. Belden had a return on equity of 24.47% and a net margin of 8.49%.The business’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period last year, the company earned $1.60 earnings per share. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. Analysts expect that Belden will post 8.22 EPS for the current year.

Hedge Funds Weigh In On Belden

A number of hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE raised its position in shares of Belden by 9.4% during the first quarter. Bank of America Corp DE now owns 238,651 shares of the industrial products company’s stock worth $27,404,000 after acquiring an additional 20,465 shares during the last quarter. Edgestream Partners L.P. raised its position in shares of Belden by 140.0% during the first quarter. Edgestream Partners L.P. now owns 13,800 shares of the industrial products company’s stock worth $1,585,000 after acquiring an additional 8,049 shares during the last quarter. Janus Henderson Group PLC raised its position in shares of Belden by 351.7% during the first quarter. Janus Henderson Group PLC now owns 155,674 shares of the industrial products company’s stock worth $17,878,000 after acquiring an additional 121,210 shares during the last quarter. Altshuler Shaham Ltd raised its position in shares of Belden by 13.7% during the first quarter. Altshuler Shaham Ltd now owns 16,916 shares of the industrial products company’s stock worth $1,942,000 after acquiring an additional 2,044 shares during the last quarter. Finally, Amundi raised its position in shares of Belden by 85.7% during the first quarter. Amundi now owns 8,357 shares of the industrial products company’s stock worth $960,000 after acquiring an additional 3,856 shares during the last quarter. 98.75% of the stock is currently owned by institutional investors.

About Belden

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.