Dividends to Follow: Nov 22, 2016 is the day Richardson Electronics, Ltd. (NASDAQ:RELL) promises dividends of $0.06. Here’s what they have to say.

Dividends to Follow: Nov 22, 2016 is the day Richardson Electronics, Ltd. (NASDAQ:RELL) promises dividends of $0.06. Here's what they have to say.

Richardson Electronics, Ltd. (NASDAQ:RELL) is expected to pay $0.06 on Nov 22, 2016. The indicated annual dividend is $0.24. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Richardson Electronics, Ltd.’s current price of $6.30, the dividend is 0.95%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 6, 2016. The stock closed at $6.3 during the last session. It is down 21.90% since March 31, 2016 and is uptrending. It has outperformed by 19.38% the S&P500.

Richardson Electronics, Ltd. is a provider of engineered solutions, power grid and microwave tubes, and related consumables; power conversion, and radio frequency and microwave components; high value displays, flat panel detector solutions and replacement parts for diagnostic imaging equipment, and customized display solutions. The company has a market cap of $81.43 million.

Insitutional Activity: The institutional sentiment increased to 0.91 in Q2 2016. Its up 0.34, from 0.57 in 2016Q1. The ratio improved, as 4 funds sold all Richardson Electronics, Ltd. shares owned while 7 reduced positions. 3 funds bought stakes while 7 increased positions. They now own 6.26 million shares or 1.32% less from 6.34 million shares in 2016Q1.
Blackrock Fund Advsrs, a California-based fund reported 33,164 shares. Moreover, Retail Bank Of America Corp De has 0% invested in Richardson Electronics, Ltd. (NASDAQ:RELL) for 5,000 shares. Nationwide Fund Advsrs holds 2,700 shares or 0% of its portfolio. Thompson Siegel And Walmsley Ltd Company has 0% invested in the company for 900 shares. Ariel Investments Ltd Liability last reported 0.07% of its portfolio in the stock. Dimensional Fund Advisors L P holds 0% or 1.01M shares in its portfolio. Renaissance Techs Ltd Liability Com owns 849,393 shares or 0.01% of their US portfolio. Northern Tru reported 27,274 shares or 0% of all its holdings. Bridgeway Cap accumulated 0.01% or 118,211 shares. Royal Comml Bank Of Canada accumulated 40,600 shares or 0% of the stock. California Pub Employees Retirement Sys accumulated 51,000 shares or 0% of the stock. Franklin Res has 0% invested in the company for 60,000 shares. Jpmorgan Chase & holds 0% or 197 shares in its portfolio. National Bank Of New York Mellon Corp holds 0% of its portfolio in Richardson Electronics, Ltd. (NASDAQ:RELL) for 36,533 shares. Panagora Asset Management Inc owns 39,728 shares or 0% of their US portfolio.

More notable recent Richardson Electronics, Ltd. (NASDAQ:RELL) news were published by: Businesswire.com which released: “Richardson Electronics, Ltd. Agrees to Acquire International Medical Equipment …” on June 16, 2015, also Businesswire.com with their article: “Richardson Electronics, Ltd. and Anokiwave Sign Global Distribution Agreement” published on September 29, 2015, Businesswire.com published: “Richardson Electronics Elects Robert J. Ben as Executive Vice President and …” on August 07, 2015. More interesting news about Richardson Electronics, Ltd. (NASDAQ:RELL) were released by: Seekingalpha.com and their article: “Richardson Electronics: Buy Or Sell After Bad Quarter?” published on October 13, 2016 as well as Businesswire.com‘s news article titled: “Richardson Electronics Announces Date of First Quarter Fiscal 2017 Conference Call” with publication date: September 30, 2016.

RELL Company Profile

Richardson Electronics, Ltd., incorporated on September 11, 1986, is a well-known provider of engineered solutions, power grid and microwave tubes, and related consumables; power conversion, and radio frequency (RF) and microwave components; high value displays, flat panel detector solutions and replacement parts for diagnostic imaging equipment, and customized display solutions. The Company’s divisions include Power and Microwave Technologies Group, Canvys and Healthcare. The Firm provides design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair solutions. The Firm has activities in North America, Asia/Pacific, Europe and Latin America.

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