Insider Selling: RF Industries, Ltd. (RFIL) Director Sells 16,763 Shares of Stock
RF Industries, Ltd. (NASDAQ:RFIL) Director William Reynolds sold 16,763 shares of RF Industries stock in a transaction that occurred on Friday, July 14th. The shares were sold at an average price of $1.92, for a total value of $32,184.96. Following the transaction, the director now owns 68,870 shares of the company’s stock, valued at $132,230.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of RF Industries, Ltd. (NASDAQ RFIL) traded up 2.70% on Monday, reaching $1.90. The company had a trading volume of 5,783 shares. The firm’s market capitalization is $16.79 million. The company’s 50-day moving average price is $1.68 and its 200 day moving average price is $1.62. RF Industries, Ltd. has a 52 week low of $1.40 and a 52 week high of $2.45.
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 4.21%. The ex-dividend date of this dividend was Wednesday, June 28th. RF Industries’s dividend payout ratio is presently -19.05%.
TRADEMARK VIOLATION NOTICE: “Insider Selling: RF Industries, Ltd. (RFIL) Director Sells 16,763 Shares of Stock” was published by American Banking News and is the property of of American Banking News. If you are viewing this article on another site, it was illegally copied and reposted in violation of international trademark and copyright law. The legal version of this article can be accessed at https://www.americanbankingnews.com/2017/07/17/insider-selling-rf-industries-ltd-rfil-director-sells-16763-shares-of-stock.html.
RF Industries Company Profile
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).
Receive News & Ratings for RF Industries Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RF Industries Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.