RF Industries, Ltd. (NASDAQ:RFIL) Announces $0.02 Quarterly Dividend

RF Industries, Ltd. (NASDAQ:RFIL) announced a quarterly dividend on Monday, June 10th, Zacks reports. Stockholders of record on Sunday, June 30th will be paid a dividend of 0.02 per share by the electronics maker on Monday, July 15th. This represents a $0.08 annualized dividend and a dividend yield of 1.01%. The ex-dividend date is Thursday, June 27th.

RF Industries has decreased its dividend by an average of 34.1% annually over the last three years.

Shares of NASDAQ:RFIL traded down $0.11 during midday trading on Tuesday, hitting $7.90. The stock had a trading volume of 2,983 shares, compared to its average volume of 23,253. The stock has a market cap of $74.97 million, a P/E ratio of 17.56 and a beta of 0.21. The company’s 50 day moving average price is $7.73. RF Industries has a 1 year low of $5.14 and a 1 year high of $12.75.

RF Industries (NASDAQ:RFIL) last issued its earnings results on Wednesday, June 12th. The electronics maker reported $0.11 earnings per share for the quarter. The business had revenue of $13.63 million for the quarter. RF Industries had a net margin of 8.11% and a return on equity of 15.32%.

RF Industries Company Profile

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Mexico, and internationally. The company's RF Connector and Cable Assembly division designs, manufactures, and distributes coaxial connectors and cable assemblies that are integrated with coaxial connectors.

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Dividend History for RF Industries (NASDAQ:RFIL)

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