RF Industries, Ltd. (NASDAQ:RFIL) Director William Reynolds sold 16,763 shares of the business’s stock in a transaction on Friday, July 14th. The shares were sold at an average price of $1.92, for a total transaction of $32,184.96. Following the sale, the director now directly owns 68,870 shares of the company’s stock, valued at $132,230.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Shares of RF Industries, Ltd. (NASDAQ RFIL) opened at 1.90 on Monday. RF Industries, Ltd. has a 52 week low of $1.40 and a 52 week high of $2.45. The stock’s market capitalization is $16.79 million. The stock’s 50 day moving average is $1.81 and its 200 day moving average is $1.63.
The business also recently announced a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were given a $0.02 dividend. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $0.08 dividend on an annualized basis and a yield of 4.21%. RF Industries’s payout ratio is -19.05%.
RF Industries Company Profile
RF Industries, Ltd. is engaged in the design, manufacture and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables. It operates through two segments: RF Connector and Cable Assembly, which consists of Connector and Cable Assembly Division, and the Custom Cabling Manufacturing and Assembly, which consists of subsidiaries, including Cables Unlimited, Inc (Cables Unlimited,) Comnet Telecom Supply, Inc (Comnet) and Rel-Tech Electronics, Inc (Rel-Tech).
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