Richardson Electronics, Ltd. (RELL) Plans Quarterly Dividend of $0.06
Richardson Electronics, Ltd. (NASDAQ:RELL) declared a quarterly dividend on Thursday, January 11th, Wall Street Journal reports. Investors of record on Friday, February 9th will be paid a dividend of 0.06 per share by the technology company on Thursday, February 22nd. This represents a $0.24 annualized dividend and a dividend yield of 3.02%. The ex-dividend date is Thursday, February 8th.
Richardson Electronics (NASDAQ RELL) opened at $7.95 on Friday. Richardson Electronics has a 12-month low of $5.31 and a 12-month high of $8.20. The stock has a market capitalization of $102.28, a P/E ratio of -24.09 and a beta of 0.74.
Richardson Electronics (NASDAQ:RELL) last issued its quarterly earnings data on Wednesday, January 10th. The technology company reported $0.01 earnings per share (EPS) for the quarter. Richardson Electronics had a negative return on equity of 0.34% and a negative net margin of 0.30%. The business had revenue of $39.08 million during the quarter.
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.
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