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| Richardson Electronics About To Put More Money In Your Pocket (RELL)By Dividend Channel Staff, Tuesday, November 7, 10:42 AM ET
On 11/9/23, Richardson Electronics Ltd (NASDAQ:RELL) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 11/29/23. As a percentage of RELL's recent stock price of $11.31, this dividend works out to approximately 0.53%, so look for shares of Richardson Electronics Ltd to trade 0.53% lower — all else being equal — when RELL shares open for trading on 11/9/23. Below is a dividend history chart for RELL, showing historical dividends prior to the most recent $0.06 declared by Richardson Electronics Ltd: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RELL is likely to continue, and whether the current estimated yield of 2.12% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RELL shares, versus its 200 day moving average:
Looking at the chart above, RELL's low point in its 52 week range is $10.25 per share, with $27.24 as the 52 week high point — that compares with a last trade of $11.31. Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
In Tuesday trading, Richardson Electronics Ltd shares are currently off about 0.2% on the day.
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