RELM Wireless (RWC) Declares $0.09 Quarterly Dividend; 7.4% Yield

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RELM Wireless Declares Quarterly Dividend of $0.09 per Share

December 7, 2016 4:30 PM EST

WEST MELBOURNE, Fla., Dec. 7, 2016 /PRNewswire/ -- RELM Wireless Corporation (NYSE MKT: RWC), today announced that on December 7, 2016, the Board of Directors of the Company approved a quarterly dividend of $0.09 per share of the Company's common stock, payable on January 13, 2017 to shareholders of record of RELM's common stock as of the close of business on January 3, 2017. 

RELM Chairman of the Board, Timothy O'Neil commented, "We are pleased to announce the continuation of our capital return program with the third consecutive quarterly dividend.  Implemented and announced earlier this year, the program... More