LaFOX, Ill.

Richardson Electronics Ltd. announces that its board of directors has voted to declare a cash dividend for the fourth quarter of fiscal 2000 to all holders of common stock. The cash dividend of 4 cents per share will be payable June 1 to all stockholders of record May 12. The company currently has more than 9.4 million shares of common stock outstanding. A dividend of 90 percent of the dividend paid on the common stock will be paid to the holders of the more than 3.2 million shares of Class B Common Stock. Richardson Electronics is a specialized international distributor of electronic components, equipment and assemblies for a variety of industrial, communications, medical imaging and other applications. The firm’s products include radio frequency (RF) and microwave components and electronic security systems and products.

If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!

Security Is Our Business, Too

For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Commercial Integrator + Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add to your bottom line.

A FREE subscription to the top resource for security and integration industry will prove to be invaluable.

Subscribe Today!

Get Our Newsletters