Richardson Electronics's most recent quarterly dividend was on Nov 3, 2022 (ex-date) with a cash dividend payment of $0.06 per share. On an annualized basis, the company has a current payout of $0.24 per share. This brings the dividend yield to 0.96% based on its recent close price.
Richardson Electronics's dividend yield of 0.96% is lower than the Technology sector, the industry and its peers average. If we compare it with the Technology sector average of 1.58%, Richardson Electronics's dividend yield is 39% lower. Historically RELL's dividend yield has averaged at 3.4% in the last 5 years, which is more than the current one.
Richardson Electronics has been paying dividends since 1995. RELL has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. But since the stock price has gone up by 125% from a year ago, the dividend yield has decreased by 56%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 3, 2022 | Nov 23, 2022 | Oct 5, 2022 | $0.06 | normal |
| Aug 4, 2022 | Aug 24, 2022 | Jul 20, 2022 | $0.06 | normal |
| May 5, 2022 | May 25, 2022 | Apr 6, 2022 | $0.06 | normal |
| Feb 3, 2022 | Feb 23, 2022 | Jan 4, 2022 | $0.06 | normal |
| Nov 4, 2021 | Nov 24, 2021 | Oct 6, 2021 | $0.06 | normal |
| Aug 5, 2021 | Aug 25, 2021 | Jul 21, 2021 | $0.06 | normal |
| May 4, 2021 | May 26, 2021 | Apr 7, 2021 | $0.06 | normal |
| Feb 4, 2021 | Feb 24, 2021 | Jan 6, 2021 | $0.06 | normal |
| Nov 5, 2020 | Nov 24, 2020 | Oct 7, 2020 | $0.06 | normal |
| Aug 5, 2020 | Aug 27, 2020 | Jul 22, 2020 | $0.06 | normal |
| May 5, 2020 | May 27, 2020 | Apr 7, 2020 | $0.06 | normal |
| Feb 5, 2020 | Feb 27, 2020 | Jan 8, 2020 | $0.06 | normal |
| Nov 6, 2019 | Nov 22, 2019 | Oct 8, 2019 | $0.06 | normal |
| Aug 6, 2019 | Aug 23, 2019 | Jul 23, 2019 | $0.06 | normal |
| May 7, 2019 | May 24, 2019 | Apr 9, 2019 | $0.06 | normal |
| Feb 7, 2019 | Feb 26, 2019 | Jan 8, 2019 | $0.06 | normal |
| Nov 6, 2018 | Nov 21, 2018 | Oct 9, 2018 | $0.06 | normal |
| Aug 6, 2018 | Aug 23, 2018 | Jul 24, 2018 | $0.06 | normal |
| May 8, 2018 | May 24, 2018 | Apr 10, 2018 | $0.06 | normal |
| Feb 8, 2018 | Feb 22, 2018 | Jan 10, 2018 | $0.06 | normal |
| Nov 6, 2017 | Nov 22, 2017 | Oct 10, 2017 | $0.06 | normal |
| Aug 3, 2017 | Aug 24, 2017 | Jul 18, 2017 | $0.06 | normal |
| May 5, 2017 | May 24, 2017 | Apr 4, 2017 | $0.06 | normal |
| Feb 3, 2017 | Feb 24, 2017 | Jan 4, 2017 | $0.06 | normal |
| Nov 3, 2016 | Nov 22, 2016 | Oct 5, 2016 | $0.06 | normal |
Richardson Electronics's payout ratio of 14.8% is below the Technology sector and the industry average. Compared to its Technology sector average of 27.7%, Richardson Electronics's payout ratio is 47% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MMM 3M Co | 4.78% | $5.96 | 51.7% |
| AVT Avnet Inc | 2.4% | $1.05 | 13.4% |
| MKSI Mks Instruments Inc | 1.12% | $0.88 | 11.4% |
| RELL Richardson Electronics Ltd | 0.96% | $0.24 | 14.8% |
| GE General Electric Co | 0.37% | $0.32 | N/A |
Yes, Richardson Electronics has paid four dividends in the last twelve months. RELL has been paying dividends since 1995.
RELL hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in February 2023.
Richardson Electronics's last regular dividend was on Nov 3, 2022 (ex-date) with the amount of $0.06 per share.
On an annual basis RELL pays $0.24 per share.
The current dividend yield of Richardson Electronics is 0.96%.
Richardson Electronics pays dividends quarterly.
Richardson Electronics's dividend payout ratio is 14.8%.
Richardson Electronics's dividend yield is less than the Technology sector average.