RF Industries Announces 38th Consecutive Quarterly Cash Dividend

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Get Alerts RFIL Hot Sheet

Price: $17.81 -10.28%

Overall Analyst Rating:
SELL (= Flat)

Dividend Yield: 2%
Revenue Growth %: +12.9%

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SAN DIEGO, CA, Dec. 16, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- RF Industries, Ltd, (NASDAQ: RFIL), a national manufacturer and marketer of interconnect products and systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.02 per common share.

The quarterly cash dividend is payable on January 15, 2020 to stockholders of record on December 31, 2019.

Cash dividends are made at the discretion of the Board of Directors, subject to applicable laws, and depend on a number of factors, including the Company’s financial condition, results of operations, capital requirements, plans for future acquisitions, contractual restrictions, general business conditions and other factors considered relevant by the board.

About RF Industries

RF Industries designs and manufactures a broad range of interconnect products across diversified, growing markets including wireless/wireline telecom, data communications and industrial. The Company's products include RF connectors, coaxial cables, data cables, wire harnesses, fiber optic cables, custom cabling, energy-efficient cooling systems and integrated small cell enclosures. The Company is headquartered in San Diego, California with additional operations in Long Island, New York, Vista, California, Milford, Connecticut and North Kingstown, Rhode Island. Please visit the RF Industries website at www.rfindustries.com.

Contacts:

RF Industries

Mark Turfler

SVP/CFO

(858) 549‑6340

[email protected]

MKR Investor Relations Inc.

Todd Kehrli

Analyst/Investor Contact

(323) 468-2300

[email protected]