Belden (BDC) Declares $0.05 Quarterly Dividend; Announces $200M Stock Buyback

Belden (NYSE: BDC) declared a quarterly dividend of $0.05 per share, or $0.2 annualized. The dividend will be payable on July 6, 2017, to stockholders of record on June 15, 2017, with an ex-dividend date of June 13, 2017. The annual yield on the dividend is 0.3 percent.

Belden also announced a new share repurchase authorization that enables the Company to purchase up to $200 million of its common stock through open market purchases, negotiated transactions, or other means, in accordance with applicable securities laws and other restrictions. This share repurchase authorization does not have an expiration date.

For a dividend history and other dividend-related data on Belden (BDC) click here.

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