Benchmark Electronics, Inc. (NYSE:BHE) Declares $0.17 Quarterly Dividend

Benchmark Electronics, Inc. (NYSE:BHE) declared a quarterly dividend on Friday, June 5th. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.17 per share by the technology company on Friday, July 10th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, June 30th.

Benchmark Electronics has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 1 years. Benchmark Electronics has a payout ratio of 25.8% meaning its dividend is sufficiently covered by earnings.

Benchmark Electronics Stock Down 5.4%

BHE opened at $91.98 on Friday. The company has a market cap of $3.30 billion, a PE ratio of 96.82 and a beta of 1.26. Benchmark Electronics has a twelve month low of $34.44 and a twelve month high of $98.50. The company has a 50-day moving average price of $83.13 and a 200 day moving average price of $63.42. The company has a quick ratio of 1.42, a current ratio of 2.18 and a debt-to-equity ratio of 0.18.

Benchmark Electronics (NYSE:BHE) last released its earnings results on Wednesday, April 29th. The technology company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.02. Benchmark Electronics had a return on equity of 6.63% and a net margin of 1.27%.The business had revenue of $677.28 million for the quarter, compared to the consensus estimate of $676.25 million. During the same quarter last year, the business posted $0.52 earnings per share. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on BHE shares. Lake Street Capital reaffirmed a “buy” rating and set a $92.00 target price on shares of Benchmark Electronics in a research note on Thursday, April 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Benchmark Electronics in a research note on Monday, April 20th. Needham & Company LLC raised their price target on shares of Benchmark Electronics from $62.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Wall Street Zen raised shares of Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 28th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $86.00.

About Benchmark Electronics

Benchmark Electronics, Inc is a global provider of comprehensive electronics manufacturing services (EMS) and integrated engineering solutions. The company offers a full suite of services that span the entire product lifecycle, from early‐stage design and prototyping to high‐volume production and aftermarket support. Benchmark serves diverse end markets, including industrial automation, medical devices, communications, aerospace and defense, and semiconductor equipment.

At the core of Benchmark’s offering are printed circuit board assemblies (PCBA), system integration, box build assemblies and turnkey manufacturing.