RELM Wireless Co. Announces Quarterly Dividend of $0.09 (RWC)

RELM Wireless Co. (NYSE:RWC) declared a quarterly dividend on Monday, March 20th. Shareholders of record on Friday, March 31st will be given a dividend of 0.09 per share on Monday, April 17th. This represents a $0.36 annualized dividend and a yield of 7.06%. The ex-dividend date is Wednesday, March 29th.

RELM Wireless (NYSE:RWC) remained flat at $5.10 during trading on Monday. The company’s stock had a trading volume of 16,127 shares. The company has a market cap of $69.99 million and a price-to-earnings ratio of 26.84. The company has a 50 day moving average price of $5.15 and a 200 day moving average price of $5.14. RELM Wireless has a one year low of $4.26 and a one year high of $5.83.

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In other news, Director Global Investors Fundamental purchased 106,383 shares of the firm’s stock in a transaction dated Thursday, December 29th. The stock was bought at an average price of $4.71 per share, with a total value of $501,063.93. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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).

5 Day Chart for NYSE:RWC

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