RELM Wireless Co. Plans Quarterly Dividend of $0.02 (RWC)
RELM Wireless Co. (NYSEAMERICAN:RWC) declared a quarterly dividend on Friday, December 8th, Wall Street Journal reports. Investors of record on Tuesday, January 2nd will be given a dividend of 0.02 per share on Tuesday, January 16th. This represents a $0.08 annualized dividend and a yield of 2.22%. The ex-dividend date is Friday, December 29th.
RELM Wireless (NYSEAMERICAN:RWC) remained flat at $$3.60 during trading hours on Friday. 5,600 shares of the company’s stock were exchanged, compared to its average volume of 14,726. RELM Wireless has a 52 week low of $3.40 and a 52 week high of $5.55.
Separately, BidaskClub raised shares of RELM Wireless from a “sell” rating to a “hold” rating in a report on Saturday, November 4th.
About RELM Wireless
RELM Wireless Corporation (RELM) provides two-way radio communications equipment. RELM designs, manufactures and markets wireless communications products consisting of two-way land mobile radios, repeaters, base stations, and related components and subsystems. Two-way land mobile radios include units that are hand-held (portable) or installed in vehicles (mobile).
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