RELM Wireless Declares Quarterly Dividend of $0.02 per Share
WEST MELBOURNE, FL, December 7, 2017 – RELM Wireless Corporation (NYSE American: RWC), today announced that today its Board of Directors declared a quarterly dividend of $0.02 per share of the Company’s common stock, payable on January 16, 2018 to shareholders of record of the Company’s common stock as of the close of business on January 2, 2018.
Kyle Cerminara, Chairman of the Board, said, “We are pleased to continue our capital return program with the declaration of a dividend for the seventh consecutive quarter. The capital return program also includes stock repurchases. We believe the Company has ample working capital to sustain the program while funding our development and growth objectives.”