Bel Fuse Inc. Declares Regular Quarterly Cash Dividend on its Class A and Class B Shares
February 24, 2005
JERSEY CITY, NEW JERSEY, February 24, 2005 . . . BEL FUSE INC. (NASDAQ:BELFA) & (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.04 per share on the Company's Class A common shares and $0.05 per share on the Company's Class B common shares.
Cash dividends for Class A and Class B common shares are payable on May 2, 2005 to shareholders of record on April 14, 2005.
Bel currently has approximately 11,200,000 common shares outstanding, of which 2,700,000 are Class A common shares and 8,500,000 are Class B common shares.
Bel (www.belfuse.com) and its subsidiaries are primarily engaged in the design, manufacture and sale of products used in networking, telecommunications, high speed data transmission, automotive and consumer electronics. Products include magnetics (discrete components, power transformers and MagJack® 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 (passive jacks, plugs and cable assemblies). The Company operates facilities around the world.
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Bel Fuse Inc.
206 Van Vorst Street
Jersey City, NJ 07302
Neil Berkman Associates