Benchmark Electronics, Inc. (BHE) will increase its quarterly dividend by 3.1 percent to $0.165 per share in 2021. This comes after a dividend hike of 6.7 percent from 15 cents to 16 cents per common share in 2020. This is the second increase by the company since it initiated a dividend in 2018.
The quarterly dividend is equivalent to an annual dividend of $0.66 per share and yields 2.3% at a stock price of $28.61. The next dividend is payable on July 14, 2021 to shareholders of record at the close of business on June 30, 2021. The ex-dividend date for BHE is June 29, 2021.
Benchmark provides comprehensive solutions across the entire product life cycle; leading through its innovative technology and engineering design services; leveraging its optimized global supply chain; and delivering world-class manufacturing services in the following industries: commercial aerospace, defense, advanced computing, next generation telecommunications, complex industrials, medical, and semiconductor capital equipment. Benchmark's global operations include facilities in seven countries and its common shares trade on the New York Stock Exchange under the symbol BHE.