RF Industries, Ltd., RFIL today announced that its Board of Directors has declared a 2-for-1 common stock split and a 33% increase in the quarterly cash dividend.
The stock split will be effective February 24, 2011, and will increase RFI's outstanding common shares to approximately 5,953,018. The increase in RFI's quarterly cash dividend to $0.02 per post-split share will be payable on April 15, 2011, to shareholders of record on March 31, 2011.
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