RF Industries Announces Quarterly DividendMonday, December 16, 2013
San Diego-based RF Industries Ltd.’s board of directors has declared a regular quarterly cash dividend of 7 cents per common share, the company announced.
RF Industries (Nasdaq: RFIL), a maker of cable assemblies and radio frequency connectors, said the dividend is payable Jan. 15, 2014, to stockholders of record on Dec. 31.
RF recently sold its RadioMobile operations to a new spinoff business formed by that division’s management team.
RF Industries closed Dec. 16 at $8.97 per share, giving it a market cap of 70.47 million.
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