Richardson Electronics Ltd. (RELL) Misses Q2 EPS by 1c

January 5, 2011 5:20 PM EST
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Price: $7.30 -0.68%

Financial Fact:
Common shares - Diluted: 12.84M

Today's EPS Names:
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Richardson Electronics Ltd. (NASDAQ: RELL) reported Q2 EPS of $0.01, $0.01 cents worse than the analyst estimate of $0.02. Revenue for the quarter came in at $40.98 million versus the consensus estimate of $38 million.

The Company also announced today that its Board of Directors voted to declare a $0.02 cash dividend per share to all holders of common stock, $0.08 annualized.

The dividend will be payable on February 25, 2011, to all common stockholders of record on February 10, 2011. The ex-dividend date is February 8, 2011.

Yield on the dividend is 0.6%.


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