Looking at the universe of stocks we cover at Dividend Channel, on 5/8/13, Richardson Electronics Ltd (RELL) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 5/24/13. As a percentage of RELL's recent stock price of $11.60, this dividend works out to approximately 0.52%, so look for shares of Richardson Electronics Ltd to trade 0.52% lower — all else being equal — when RELL shares open for trading on 5/8/13.
Reminder - Richardson Electronics (RELL) Goes Ex-Dividend Soon
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts