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Richardson Electronics, Ltd. (RELL) Ex-Dividend Date Scheduled for May 08, 2013

By: NASDAQ.com News
Posted: 5/7/2013 9:00:00 AM
Referenced Stocks: EMC;RELL;TEL

Richardson Electronics, Ltd. ( RELL ) will begin trading ex-dividend on May 08, 2013. A cash dividend payment of $0.06 per share is scheduled to be paid on May 24, 2013. Shareholders who purchased RELL stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that RELL has paid the same dividend. At the current stock price of $11.69, the dividend yield is 2.05%.

The previous trading day's last sale of RELL was $11.69, representing a -8.81% decrease from the 52 week high of $12.82 and a 10.18% increase over the 52 week low of $10.61.

RELL is a part of the Consumer Non-Durables sector, which includes companies such as EMC Corporation ( EMC ) and TE Connectivity Ltd. ( TEL ). RELL's current earnings per share, an indicator of a company's profitability, is $.26. Zacks Investment Research reports RELL's forecasted earnings growth in 2013 as -48.94%, compared to an industry average of -5.6%.

For more information on the declaration, record and payment dates, visit the RELL Dividend History page.