RF Industries, Ltd. (NASDAQ:RFIL) announced a quarterly dividend on Friday, September 7th, Wall Street Journal reports. Investors of record on Sunday, September 30th will be paid a dividend of 0.02 per share by the electronics maker on Monday, October 15th. This represents a $0.08 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend is Thursday, September 27th.
RF Industries has decreased its dividend payment by an average of 34.1% annually over the last three years.
Shares of RFIL opened at $7.60 on Wednesday. RF Industries has a fifty-two week low of $2.15 and a fifty-two week high of $12.75. The stock has a market capitalization of $72.00 million, a P/E ratio of 12.92 and a beta of 0.44.
Separately, TheStreet raised RF Industries from a “c+” rating to a “b-” rating in a report on Monday, July 16th.
RF Industries Company Profile
RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States and internationally. The company's RF Connector and Cable Assembly division designs, manufactures, and distributes coaxial connectors and cable assemblies that are integrated with coaxial connectors.
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