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

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RF Industries, Ltd. (NASDAQ:RFIL) announced a quarterly dividend on Tuesday, September 10th, NASDAQ reports. Investors of record on Monday, September 30th will be given a dividend of 0.02 per share by the electronics maker on Tuesday, October 15th. This represents a $0.08 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date is Friday, September 27th.

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

NASDAQ RFIL traded up $0.07 on Thursday, reaching $8.20. The company had a trading volume of 308 shares, compared to its average volume of 27,060. The firm has a market cap of $71.60 million, a price-to-earnings ratio of 17.78 and a beta of 0.23. RF Industries has a fifty-two week low of $5.14 and a fifty-two week high of $11.00. The business has a 50 day moving average of $7.69 and a two-hundred day moving average of $7.47.

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

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.

See Also: Oversold

Dividend History for RF Industries (NASDAQ:RFIL)

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