Richardson Electronics (RELL) Given Daily Media Sentiment Rating of 0.29
News coverage about Richardson Electronics (NASDAQ:RELL) has trended positive on Wednesday, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Richardson Electronics earned a news impact score of 0.29 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 46.2066579969162 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Richardson Electronics (RELL) traded up $0.03 during midday trading on Wednesday, hitting $6.54. 3,400 shares of the company’s stock traded hands, compared to its average volume of 22,836. Richardson Electronics has a 12 month low of $5.31 and a 12 month high of $6.88.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 22nd. Investors of record on Tuesday, November 7th were paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 3.67%. The ex-dividend date was Monday, November 6th. Richardson Electronics’s payout ratio is -72.73%.
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Richardson Electronics, Ltd. is a provider of engineered solutions, power grid and microwave tubes, and related consumables; power conversion, and radio frequency (RF) and microwave components; high value displays, flat panel detector solutions and replacement parts for diagnostic imaging equipment, and customized display solutions.
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