Littelfuse hikes dividend by 8.3% to $0.65 quarterly in 2023

On August 1, 2023, Littelfuse Inc. (LFUS) announced a 8.3% dividend hike to $0.65 quarterly per share. This will mark the 13 th consecutive year of dividend increases by the circuit protection products supplier.

The company will pay a cash dividend on its common stock of $0.65 per share on September 7, 2023, to shareholders of record as of August 24, 2023. The dividend yield for LFUS is 1.0% at a stock price of $264.

Littelfuse, Inc. is a manufacturer of technologies in circuit protection, power control and sensing. The company’s products are found in automotive and commercial vehicles, industrial applications, data and telecommunications, medical devices, consumer electronics and appliances. Littelfuse conducts its business through three reportable segments: Electronics, Automotive, and Industrial. The company serves customers with technologies including fuses, semiconductors, polymers, ceramics, relays and sensors. Littelfuse, Inc., was incorporated under the laws of the State of Delaware in 1991. Edward V. Sundt founded Littelfuse in 1927 and invented the first small, fast-acting protective fuse to prevent sensitive test meters from burning out.