Belden Inc (BDC) to Distribute Quarterly Dividend of $0.05 on October 8th

Belden Inc (NYSE:BDC) announced a quarterly dividend on Monday, August 17th. Stockholders of record on Wednesday, September 16th will be paid a dividend of 0.05 per share by the industrial products company on Thursday, October 8th. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Wednesday, September 16th.

Belden has a payout ratio of 2.6% indicating that its dividend is sufficiently covered by earnings. Equities 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 Price Performance

Shares of Belden stock opened at $121.67 on Monday. Belden has a 52-week low of $98.00 and a 52-week high of $159.99. The stock has a market capitalization of $4.76 billion, a price-to-earnings ratio of 19.78 and a beta of 1.09. The company has a fifty day moving average of $117.05 and a 200-day moving average of $118.20. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.49 and a current ratio of 2.14.

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

Analyst Upgrades and Downgrades

BDC has been the subject of a number of recent research reports. Truist Financial reissued a “buy” rating and issued a $145.00 target price (down from $155.00) on shares of Belden in a research note on Friday, July 31st. Citigroup initiated coverage on Belden in a research report on Friday, June 26th. They set a “buy” rating and a $150.00 price target on the stock. Fox Advisors upgraded Belden from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. DA Davidson increased their price objective on Belden from $155.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, August 19th. Finally, Weiss Ratings upgraded shares of Belden from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Belden currently has an average rating of “Moderate Buy” and a consensus price target of $160.00.

Belden Company Profile

Belden Inc (NYSE: BDC) is a global provider of signal transmission, connectivity and networking solutions. The company designs and manufactures products that help businesses transmit data, video and other signals across enterprise, industrial and broadcast environments.

Its offerings include copper and fiber-optic cable, connectivity components, networking equipment, industrial automation and control products, and solutions for data centers, commercial buildings and industrial facilities.