Electro Rent (ELRC) Raises Quarterly Dividend 33.3% to $0.20; 5.5% Yield
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Electro Rent Corp (NASDAQ: ELRC) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. This is a 33.3% increase from the prior dividend of $0.15.
The dividend will be payable on July 8, 2011, to stockholders of record on June 20, 2011, with an ex-dividend date of June 16, 2011.
The annual yield on the dividend is 5.5 percent.
The dividend will be payable on July 8, 2011, to stockholders of record on June 20, 2011, with an ex-dividend date of June 16, 2011.
The annual yield on the dividend is 5.5 percent.
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