Electro Rent Corporation Increases Regular Quarterly Cash Dividend by more than 33%

Electro Rent Corporation ELRC announced today that the company's Board of Directors has increased its regular quarterly cash dividend by more than 33% to $0.20 per common share from $0.15 per common share. This is the second increase since the company initiated its dividend payment in April 2007. Electro Rent will pay the increased quarterly cash dividend on July 8, 2011 to shareholders of record as of June 20, 2011.