Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares
JERSEY CITY, N.J., Oct 15, 2010 (BUSINESS WIRE) -- BEL FUSE INC. (NASDAQ:BELFA) & (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, 2010 to shareholders of record on October 15, 2010.
Bel currently has approximately 11,700,000 common shares outstanding, of which 2,200,000 are Class A common shares and 9,500,000 are Class B common shares.
About Bel
Bel (www.belfuse.com) and its divisions are primarily engaged in the design, manufacture, and sale of products used in networking, telecommunications, high-speed data transmission, commercial aerospace, military, transportation, and consumer electronics. Products include magnetics (discrete components, power transformers and MagJack(R) connectors with integrated magnetics), modules (DC-DC converters, integrated analog front-end modules, custom designs), circuit protection (miniature, micro and surface mount fuses) and interconnect devices (micro, circular and filtered D-Sub connectors, passive jacks, plugs and high-speed cable assemblies). The Company operates facilities around the world.
SOURCE: Bel Fuse Inc.
Investor Contact:
Neil Berkman Associates
310-826-5051
info@berkmanassociates.com
or
Company Contact:
Bel Fuse Inc.
Daniel Bernstein
President
201-432-0463
ir@BelFuse.com
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