RF Industries, Ltd. (NASDAQ:RFIL) to Issue Quarterly Dividend of $0.02

RF Industries, Ltd. (NASDAQ:RFIL) declared 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 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date is Thursday, June 27th.

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

Shares of NASDAQ RFIL opened at $7.81 on Wednesday. The firm has a market cap of $74.98 million, a P/E ratio of 17.80 and a beta of 0.21. RF Industries has a 52-week low of $5.14 and a 52-week high of $12.75. The stock has a 50 day moving average price of $7.73.

RF Industries (NASDAQ:RFIL) last issued its quarterly earnings results on Wednesday, June 12th. The electronics maker reported $0.11 earnings per share (EPS) for the quarter. The firm 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%.

About RF Industries

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.

Featured Story: Is the Dow Jones Industrial Average (DJIA) still relevant?

Dividend History for RF Industries (NASDAQ:RFIL)

Receive News & Ratings for RF Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RF Industries and related companies with MarketBeat.com's FREE daily email newsletter.