RF Industries (RFIL) Posts Quarterly Earnings Results
RF Industries (NASDAQ:RFIL) announced its quarterly earnings results on Tuesday. The electronics maker reported $0.05 EPS for the quarter, Bloomberg Earnings reports. The firm had revenue of $10.34 million for the quarter. RF Industries had a return on equity of 1.25% and a net margin of 1.23%.
Shares of RF Industries (NASDAQ RFIL) traded up $1.50 during trading on Wednesday, hitting $4.95. The stock had a trading volume of 1,548,901 shares, compared to its average volume of 42,543. The stock has a market capitalization of $29.72, a price-to-earnings ratio of 128.78 and a beta of 0.66. RF Industries has a 1 year low of $1.40 and a 1 year high of $5.50.
The company also recently declared a quarterly dividend, which will be paid on Sunday, April 15th. Stockholders of record on Saturday, March 31st will be paid a dividend of $0.02 per share. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $0.08 annualized dividend and a dividend yield of 1.62%. RF Industries’s dividend payout ratio is currently 200.05%.
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RF Industries, Ltd. is engaged in the design, manufacture and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables. It operates through two segments: RF Connector and Cable Assembly, which consists of Connector and Cable Assembly Division, and the Custom Cabling Manufacturing and Assembly, which consists of subsidiaries, including Cables Unlimited, Inc (Cables Unlimited,) Comnet Telecom Supply, Inc (Comnet) and Rel-Tech Electronics, Inc (Rel-Tech).
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