Richardson Electronics Reports First Quarter Fiscal 2016 Results and Declares Quarterly Cash Dividend

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Richardson Electronics (RELL) Declares $0.06 Quarterly Dividend; 4% Yield

October 7, 2015 5:06 PM EDT

Richardson Electronics (NASDAQ: RELL) declared a quarterly dividend of $0.06 per share, or $0.24 annualized.

The dividend will be payable on November 20, 2015, to stockholders of record on November 6, 2015, with an ex-dividend date of November 4, 2015.

The annual yield on the dividend is 4... More

UPDATE: Richardson Electronics (RELL) Reports Q1 Loss Per Share of 10c, Offers Outlook

October 7, 2015 5:03 PM EDT

(Updated - October 7, 2015 5:24 PM EDT)

Richardson Electronics (NASDAQ: RELL) reported a Q1 loss per share of $0.10, compared to a loss of $0.01 last year. Revenue for the quarter came in at $37.1 million versus the consensus estimate of $35.8 million.

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