Belden Keeps $0.05 Dividend Steady
Electronic cable manufacturer Belden this week announced its latest quarterly dividend payout. The company is sticking with the same amount ($0.05 per share of common stock) it has paid since starting dividend payments in 2004. Belden's most recent dividend will be payable on Oct. 2 to shareholders of record as of Sept. 16.
Annualized, Belden's payout comes to $0.20 a share. The company's stock was trading at $57.19 as of the market's close on Aug. 28. This means Belden's dividend currently yields approximately 0.3%.
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