Howard F. Hill Sells 16,395 Shares of RF Industries, Inc. (RFIL) Stock

RF Industries, Inc. (NASDAQ:RFIL) Director Howard F. Hill sold 16,395 shares of the business’s stock in a transaction dated Wednesday, March 21st. The stock was sold at an average price of $4.61, for a total transaction of $75,580.95. Following the transaction, the director now owns 225,626 shares in the company, valued at $1,040,135.86. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

RFIL stock opened at $4.40 on Friday. The firm has a market cap of $40.38, a PE ratio of 45.00 and a beta of 0.66. RF Industries, Inc. has a 52 week low of $1.40 and a 52 week high of $5.50.

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RF Industries (NASDAQ:RFIL) last released its quarterly earnings data on Tuesday, March 13th. The electronics maker reported $0.05 earnings per share for the quarter. The company had revenue of $10.34 million for the quarter. RF Industries had a net margin of 2.97% and a return on equity of 4.49%.

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, April 15th. Stockholders of record on Saturday, March 31st will be paid a dividend of $0.02 per share. The ex-dividend date is Wednesday, March 28th. This represents a $0.08 annualized dividend and a dividend yield of 1.82%. RF Industries’s dividend payout ratio is presently 72.73%.

A hedge fund recently raised its stake in RF Industries stock. Renaissance Technologies LLC lifted its position in shares of RF Industries, Inc. (NASDAQ:RFIL) by 4.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 680,853 shares of the electronics maker’s stock after purchasing an additional 26,453 shares during the period. Renaissance Technologies LLC owned 7.68% of RF Industries worth $1,838,000 at the end of the most recent quarter. Institutional investors and hedge funds own 19.05% of the company’s stock.

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About RF Industries

RF Industries, Ltd. is engaged in the design, manufacture and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables. It operates through two segments: RF Connector and Cable Assembly, which consists of Connector and Cable Assembly Division, and the Custom Cabling Manufacturing and Assembly, which consists of subsidiaries, including Cables Unlimited, Inc (Cables Unlimited,) Comnet Telecom Supply, Inc (Comnet) and Rel-Tech Electronics, Inc (Rel-Tech).

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