Richardson Electronics Ltd. (RELL) Plans Quarterly Dividend of $0.06
Richardson Electronics (NASDAQ:RELL) announced a quarterly dividend on Wednesday, January 8th, AnalystRatingsNetwork.com reports. Shareholders of record on Friday, February 7th will be paid a dividend of 0.06 per share on Friday, February 21st. This represents a $0.24 annualized dividend and a dividend yield of 2.03%.
Richardson Electronics (NASDAQ:RELL) last announced its earnings results on Wednesday, January 8th. The company reported $0.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.03 by $0.01. The company had revenue of $35.40 million for the quarter, compared to the consensus estimate of $35.50 million. During the same quarter last year, the company posted $0.05 earnings per share.
Richardson Electronics, Ltd. is a provider of engineered solutions, power grid and microwave tubes and related components, and customized displays solutions, serving customers in the alternative energy, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets.
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