Richardson Electronics, Ltd. Plans Quarterly Dividend of $0.06 (RELL)

Richardson Electronics, Ltd. (NASDAQ:RELL) announced a quarterly dividend on Thursday, April 6th. Shareholders of record on Tuesday, May 9th will be given a dividend of 0.06 per share by the technology company on Wednesday, May 24th. This represents a $0.24 dividend on an annualized basis and a yield of 4.01%. The ex-dividend date is Friday, May 5th.

Shares of Richardson Electronics (NASDAQ:RELL) opened at 6.07 on Friday. Richardson Electronics has a 1-year low of $5.10 and a 1-year high of $7.24. The firm’s market capitalization is $77.99 million. The firm has a 50-day moving average of $5.94 and a 200-day moving average of $6.05.

Richardson Electronics (NASDAQ:RELL) last issued its quarterly earnings results on Wednesday, April 5th. The technology company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.09) by $0.02. The business had revenue of $32.31 million for the quarter. Richardson Electronics had a negative return on equity of 6.10% and a negative net margin of 6.12%. On average, equities research analysts anticipate that Richardson Electronics will post ($0.53) EPS for the current fiscal year.

Dividend History for Richardson Electronics (NASDAQ:RELL)

COPYRIGHT VIOLATION WARNING: “Richardson Electronics, Ltd. Plans Quarterly Dividend of $0.06 (RELL)” was originally reported by Transcript Daily and is the sole property of of Transcript Daily. If you are reading this article on another site, it was copied illegally and republished in violation of international trademark & copyright law. The original version of this article can be accessed at https://transcriptdaily.com/2017/05/20/richardson-electronics-ltd-rell-to-go-ex-dividend-on-may-5th-updated-updated.html.

About Richardson Electronics

Richardson Electronics, Ltd. is a provider of engineered solutions, power grid and microwave tubes, and related consumables; power conversion, and radio frequency (RF) and microwave components; high value displays, flat panel detector solutions and replacement parts for diagnostic imaging equipment, and customized display solutions.

12 Month Chart for NASDAQ:RELL

Receive News & Ratings for Richardson Electronics Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Richardson Electronics Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply