RF Industries, Ltd. (RFIL) Declares $0.02 Quarterly Dividend
RF Industries, Ltd. (NASDAQ:RFIL) announced a quarterly dividend on Thursday, December 14th, Zacks reports. Shareholders of record on Sunday, December 31st will be paid a dividend of 0.02 per share by the electronics maker on Monday, January 15th. This represents a $0.08 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date is Saturday, December 30th.
RF Industries (NASDAQ RFIL) traded up $0.05 during mid-day trading on Friday, hitting $2.45. 23,300 shares of the stock were exchanged, compared to its average volume of 21,840. RF Industries has a 52 week low of $1.40 and a 52 week high of $2.85.
RF Industries (NASDAQ:RFIL) last posted its quarterly earnings results on Tuesday, September 12th. The electronics maker reported $0.02 earnings per share (EPS) for the quarter. RF Industries had a negative net margin of 9.78% and a negative return on equity of 5.79%. The company had revenue of $7.81 million during the quarter.
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).
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