Reminder - Richardson Electronics (RELL) Goes Ex-Dividend Soon

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.

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Below is a dividend history chart for RELL, showing historical dividends prior to the most recent $0.06 declared by Richardson Electronics Ltd:

RELL+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RELL is likely to continue, and whether the current estimated yield of 2.07% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RELL shares, versus its 200 day moving average:

Richardson Electronics Ltd 200 Day Moving Average Chart

Looking at the chart above, RELL's low point in its 52 week range is $10.61 per share, with $12.82 as the 52 week high point — that compares with a last trade of $11.60.

In Monday trading, Richardson Electronics Ltd shares are currently off about 0.4% on the day.
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