FOR RELEASE: IMMEDIATELY
February 16, 2011
JERSEY CITY, N.J.–(BUSINESS WIRE)– BEL FUSE INC. (NASDAQ:BELFA) and (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 May 2, 2011 to shareholders of record on April 15, 2011.
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.
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® connectors with integrated magnetics), modules (DC-DC converters, integrated analog front-end modules and 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.
Neil Berkman Associates