Richardson Electronics (RELL) Declares $0.06 Quarterly Dividend; 3.9% Yield
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Richardson Electronics Reports Second Quarter Fiscal 2017 Results and Declares Quarterly Cash Dividend
January 4, 2017 5:00 PM ESTLAFOX, Ill., Jan. 04, 2017 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) today reported financial results for its second quarter ended November 26, 2016. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend.
Second Quarter Results
Net sales for the second quarter of fiscal 2017 were $33.8 million, nearly flat compared to net sales of $34.1 million in the prior years second quarter. A sales decrease of $0.5 million... More
