Favorable News Coverage Somewhat Unlikely to Impact Richardson Electronics (RELL) Share Price

Headlines about Richardson Electronics (NASDAQ:RELL) have been trending positive recently, according to Accern. Accern identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Richardson Electronics earned a coverage optimism score of 0.27 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 46.1815209844841 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of Richardson Electronics (RELL) opened at $6.43 on Tuesday. Richardson Electronics has a 12 month low of $5.31 and a 12 month high of $6.88.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 22nd. Investors of record on Tuesday, November 7th were paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 3.73%. The ex-dividend date was Monday, November 6th. Richardson Electronics’s dividend payout ratio (DPR) is presently -72.73%.

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About Richardson Electronics

Richardson Electronics, Ltd. is a 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.

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