On December 31, 2023, Chuck Royce (Trades, Portfolio)'s investment firm made a notable addition to its investment portfolio by acquiring 980,085 shares of Richardson Electronics Ltd (NASDAQ:RELL), a company specializing in engineered solutions and electronic components. Charles M. Royce, a distinguished figure in the investment world, is renowned for pioneering small-cap investing. As the portfolio manager for Royce Pennsylvania Mutual Fund since 1972, Royce has built a reputation for his value investing philosophy.
Operator: Good day, and thank you for standing by and welcome to the Richardson Electronics Earnings Call for the Second Quarter of Fiscal Year 2024 Conference Call.
StockNews.com downgraded shares of Richardson Electronics (NASDAQ:RELL – Free Report) from a hold rating to a sell rating in a report released on Friday. Richardson Electronics Price Performance NASDAQ:RELL opened at $13.57 on Friday. The firm has a market capitalization of $191.88 million, a price-to-earnings ratio of 8.75, a price-to-earnings-growth ratio of 0.56 and a […]
Operator: Good day, and thank you for standing by. Welcome to the Richardson Electronics Earnings Call for the Fourth Quarter and Fiscal Year 2023 [Operator Instructions].
Richardson Electronics, Ltd. (NASDAQ:RELL – Get Free Report) announced a quarterly dividend on Wednesday, July 19th, Zacks reports. Shareholders of record on Friday, August 4th will be paid a dividend of 0.06 per share by the technology company on Wednesday, August 23rd. This represents a $0.24 dividend on an annualized basis and a dividend yield […]