Electro Rent Declares Quarterly Cash Dividend

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Electro Rent Corp (ELRC) Lowers Quarterly Dividend 37.5% to $0.125; 4.6% Yield

June 12, 2015 4:22 PM EDT

Electro Rent Corp (NASDAQ: ELRC) declared a quarterly dividend of $0.125 per share, or $0.5 annualized. This is a 37.5% decrease from the prior dividend of $0.20.

The dividend will be payable on July 10, 2015, to stockholders of record on June 22, 2015, with an ex-dividend date of June 18,... More