RELM Wireless Co. (NYSEAMERICAN:RWC) announced a quarterly dividend on Friday, December 8th, Wall Street Journal reports. Shareholders of record on Tuesday, January 2nd will be given a dividend of 0.02 per share on Tuesday, January 16th. This represents a $0.08 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend is Friday, December 29th.
Shares of RELM Wireless (NYSEAMERICAN RWC) opened at $3.55 on Thursday. The company has a market cap of $50.22, a P/E ratio of 59.17 and a beta of 0.66. RELM Wireless has a 12 month low of $3.40 and a 12 month high of $5.55.
Separately, BidaskClub raised shares of RELM Wireless from a “sell” rating to a “hold” rating in a research note on Saturday, November 4th.
RELM Wireless Company Profile
RELM Wireless Corporation (RELM) provides two-way radio communications equipment. RELM designs, manufactures and markets wireless communications products consisting of two-way land mobile radios, repeaters, base stations, and related components and subsystems. Two-way land mobile radios include units that are hand-held (portable) or installed in vehicles (mobile).
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