SAN DIEGO, March 9, 2018 /PRNewswire/ -- RF Industries, Ltd. (NASDAQ: RFIL) announced today that its Board of Directors has declared a quarterly cash dividend of $0.02 per common share.
The quarterly cash dividend is payable on April 15, 2018 to stockholders of record on March 31, 2018.
Robert Dawson, President and CEO, said, "We are pleased that the Company's continued positive performance enables us to pay our 31st consecutive quarterly dividend and provide our stockholders with a consistent cash return on their investment."
Cash dividends are made at the discretion of the Board of Directors, subject to applicable laws, and depend on a number of factors, including the Company's financial condition, results of operations, capital requirements, plans for future acquisitions, contractual restrictions, general business conditions and other factors considered relevant by our Board of Directors.
About RF Industries
RF Industries designs and manufactures a broad range of interconnect products across diversified, growing markets including wireless/wireline telecom, data communications and industrial. The Company's products include RF connectors, coaxial cables, wire harnesses, fiber optic cables, custom cabling and data center equipment. The Company is headquartered in San Diego, California with operations in New York, Connecticut and New Jersey. Please visit the RF Industries website at www.rfindustries.com.
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SOURCE RF Industries, Ltd.