WEST MELBOURNE, FL, September 18, 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 October 16, 2017 to shareholders of record of the Company’s common stock as of the close of business on October 2, 2017.
Kyle Cerminara, Chairman of the Board, said, “We are pleased to continue our capital return program, which includes dividends as well as stock repurchases. We believe the program as it is presently structured is sustainable, and provides for ample working capital to reinvest in the business and fund our growth objectives.”