Benchmark Electronics, Inc. (BHE) To Go Ex-Dividend on September 30th

Benchmark Electronics, Inc. (NYSE:BHE) announced a quarterly dividend on Tuesday, September 9th, RTT News reports. Investors of record on Tuesday, September 30th will be paid a dividend of 0.17 per share by the technology company on Monday, October 13th. This represents a c) dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, September 30th.

Benchmark Electronics has a dividend payout ratio of 25.8% indicating that its dividend is sufficiently covered by earnings.

Benchmark Electronics Stock Up 0.7%

NYSE:BHE opened at $38.68 on Friday. Benchmark Electronics has a twelve month low of $30.73 and a twelve month high of $52.57. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 36.84 and a beta of 1.05. The stock has a fifty day simple moving average of $39.58 and a 200-day simple moving average of $38.20. The company has a current ratio of 2.36, a quick ratio of 1.46 and a debt-to-equity ratio of 0.18.

Benchmark Electronics (NYSE:BHE) last released its earnings results on Wednesday, July 30th. The technology company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.01. The business had revenue of $642.34 million during the quarter, compared to the consensus estimate of $638.67 million. Benchmark Electronics had a return on equity of 6.08% and a net margin of 1.48%.The business’s revenue for the quarter was down 3.6% compared to the same quarter last year. During the same period last year, the company earned $0.57 earnings per share. Benchmark Electronics has set its Q3 2025 guidance at 0.560-0.620 EPS.

Wall Street Analyst Weigh In

BHE has been the topic of several research reports. Needham & Company LLC cut their price target on Benchmark Electronics from $48.00 to $47.00 and set a “buy” rating on the stock in a research note on Friday, August 1st. Wall Street Zen lowered Benchmark Electronics from a “buy” rating to a “hold” rating in a research note on Saturday, August 2nd. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $46.50.

About Benchmark Electronics

Benchmark Electronics, Inc, together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services.