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

Looking at the universe of stocks we cover at Dividend Channel, on 11/3/16, Richardson Electronics Ltd (RELL) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 11/22/16. As a percentage of RELL's recent stock price of $6.25, this dividend works out to approximately 0.96%, so look for shares of Richardson Electronics Ltd to trade 0.96% lower — all else being equal — when RELL shares open for trading on 11/3/16.

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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 3.84% 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 $4.71 per share, with $7.24 as the 52 week high point — that compares with a last trade of $6.25.

In Tuesday trading, Richardson Electronics Ltd shares are currently trading flat on the day.

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