Brief: RF Industries says board has decided to reduce qtrly dividend

RF Industries

21/03/2016 18:58

March 21 (Reuters) - RF Industries Ltd  RFIL.O : 
    * RF Industries reports first-quarter results 
    * Board of directors has decided to reduce quarterly cash 
dividend 
    * Q1 loss per share $0.04 
    * Q1 sales rose 1 percent to $7.0 million 
    * On March 3, 2016 board of directors also approved closure 
of company's bioconnect division 
    * Closure is part of co's on-going plan to close or dispose 
of underperforming divisions that are not part of company's core 
operations 
    * Sets quarterly cash dividend of $0.02 per share 
 
Source text for Eikon:  ID:nPnS42q3a  
Further company coverage:  RFIL.O  
 
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