Looking at the universe of stocks we cover at Dividend Channel, on 8/7/13, Richardson Electronics Ltd (RELL) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 8/23/13. As a percentage of RELL's recent stock price of $11.32, this dividend works out to approximately 0.53%, so look for shares of Richardson Electronics Ltd to trade 0.53% lower — all else being equal — when RELL shares open for trading on 8/7/13.
Richardson Electronics About To Put More Money In Your Pocket (RELL)
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