Richardson Electronics About To Put More Money In Your Pocket (RELL)

Looking at the universe of stocks we cover at Dividend Channel, on 11/6/13, Richardson Electronics Ltd ( RELL) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 11/26/13. As a percentage of RELL's recent stock price of $11.30, 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 11/6/13.

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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 2.12% 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 $12.48 as the 52 week high point — that compares with a last trade of $11.30.

In Monday trading, Richardson Electronics Ltd shares are currently off about 0.1% on the day.
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