Belden Dividend Steady at a Nickel
Signal transmission specialist Belden announced yesterday its second-quarter dividend of $0.05 per share, the same rate it has paid since 2004 when it first began making a payout.
The board of directors said the quarterly dividend is payable on July 2 to the holders of record at the close of business on June 14.
The regular dividend payment equates to a $0.20-per-share annual dividend, yielding 0.4% based on the closing price of Belden's stock on May 30.
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