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LaFox, Ill. — The Board of Directors of Richardson Electronics Ltd. voted to declare a cash dividend for the first quarter of fiscal 2004 to all holders of common stock.
The cash dividend of 4 cents per share will be payable September 3, 2003, to all common stockholders of record August 19, 2003. The company currently has 10,750,780 shares of common stock outstanding, net of shares held in treasury. A dividend equal to 90 percent of the dividend paid on the common stock will be paid to the holders of the 3,206,812 outstanding shares of Class B Common Stock.
Richardson Electronics Ltd. is a global provider of engineered solutions, serving the RF and wireless communications, industrial power conversion, security, and display systems markets. For more information, visit www.rell.com.