Benchmark Electronics, Inc. (BHE) to Distribute Quarterly Dividend of $0.17 on July 10th

Benchmark Electronics, Inc. (NYSE:BHE) declared a quarterly dividend on Friday, June 5th. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.17 per share by the technology company on Friday, July 10th. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, June 30th.

Benchmark Electronics has raised its dividend by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 1 consecutive years. Benchmark Electronics has a payout ratio of 25.8% indicating that its dividend is sufficiently covered by earnings.

Benchmark Electronics Stock Down 5.4%

BHE opened at $91.98 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.18 and a quick ratio of 1.42. Benchmark Electronics has a 12 month low of $34.44 and a 12 month high of $98.50. The stock has a market capitalization of $3.30 billion, a P/E ratio of 96.82 and a beta of 1.26. The business has a 50 day simple moving average of $83.13 and a 200-day simple moving average of $63.42.

Benchmark Electronics (NYSE:BHE) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The firm had revenue of $677.28 million for the quarter, compared to analyst estimates of $676.25 million. Benchmark Electronics had a return on equity of 6.63% and a net margin of 1.27%.Benchmark Electronics’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.52 earnings per share. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on BHE. Wall Street Zen raised shares of Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 28th. Needham & Company LLC boosted their price objective on shares of Benchmark Electronics from $62.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Lake Street Capital reissued a “buy” rating and set a $92.00 price objective on shares of Benchmark Electronics in a report on Thursday, April 30th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Benchmark Electronics in a research report on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $86.00.

About Benchmark Electronics

Benchmark Electronics, Inc is a global provider of comprehensive electronics manufacturing services (EMS) and integrated engineering solutions. The company offers a full suite of services that span the entire product lifecycle, from early‐stage design and prototyping to high‐volume production and aftermarket support. Benchmark serves diverse end markets, including industrial automation, medical devices, communications, aerospace and defense, and semiconductor equipment.

At the core of Benchmark’s offering are printed circuit board assemblies (PCBA), system integration, box build assemblies and turnkey manufacturing.