Contact Center Industry News

TMCNet:  RF Industries Will Accelerate a Portion of Anticipated 2013 Dividend Payments into Calendar 2012

[December 10, 2012]

RF Industries Will Accelerate a Portion of Anticipated 2013 Dividend Payments into Calendar 2012

SAN DIEGO --(Business Wire)--

RF Industries (News - Alert) (NASDAQ:RFIL) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.05 per common share and has decided to accelerate a portion of its anticipated calendar 2013 common stock dividend payments into calendar 2012. Accordingly, RFI (News - Alert) will pay a $0.10 per common share dividend on December 28, 2012 to shareholders of record on December 17, 2012. RFI has approximately 6.9 million shares outstanding.

"In light of tax uncertainties related to the upcoming calendar year, the Board of Directors believes that RFI's shareholders will benefit from moving forward the payment of a portion of those dividends, which might otherwise be paid in 2013, into the current calendar year. We are confident that the strength of our business supports this payment and the Company remains fully committed to enhancing shareholder returns. The Board will continue to review and determine RFI's future dividend payout rate in light of the Company's business prospects, cash flow and opportunities for increasing shareholder value," said Howard Hill, RF Industries' Chief Executive Officer.

About RF Industries

RFI manufactures, designs and distributes Radio Frequency (RF) connectors and cable assemblies, medical cabling products, RF wireless products, and fiber optic cable products. Coaxial connectors, cable assemblies and custom microwave RF connectors are used for Wi-Fi, PCS, radio, test instruments, computer networks, antenna devices, aerospace, OEM and Government agencies. Medical Cabling and Interconnector products are specialized custom electrical cabling products for the medical equipment monitoring market. RF Wireless products include digital data transceivers for industrial monitoring, wide area networks, GPS tracking and mobile wireless network solutions. Fiber optic cable, connector and harness products serve computer, aerospace, computer networking and specialty applications.

Forward-Looking Statements

This press release may contain forward-looking statements. These forward-looking statements are subject to a number of factors that could cause actual results to differ materially. The Company's declaration of a dividend or a special one-time dividend does not commit the board of directors to declare future dividends or special dividends. Each future dividend will be considered and declared by the board of directors in its discretion. The ability of the board of directors to continue to declare dividends will depend on a number of factors, including the Company's future financial condition and profitability.

[ Back To Cloud Contact Center's Homepage ]


Featured Resources

Featured Report
Millennial Research on Customer Service Expectations

Millennial Research on Customer Service Expectations

The "why" behind this research is simple: our clients recognize that different generations bring different expectations, varied communication preferences and new customer service patterns to the customer experience...
Featured Report
Optimizing the Customer Experience through Cloud Contact Centers

Optimizing the Customer Experience through Cloud Contact Centers

Adoption of cloud contact centers is on the rise. Findings from Aberdeen's January 2014 'Public Cloud vs. On-Premise: How to More Effectively Deploy a Cloud Center' study shows that 31% of contact centers are deployed in the cloud, and our related blog post highlights that companies anticipate their adoption of cloud technology to rise further throughout 2014...
Featured Report
Aberdeen report

Aberdeen Report: Cloud for Mid-Sized Contact Centers – What You Must Know

Cloud Technology is opening new doors for many businesses. However, it does so only when it's combined with the use of best practices and key technology enablers. This document highlights the adoption of cloud technology by mid-size contact centers and illustrates the reasons driving their investments...
Featured Whitepaper
Aberdeen report

Seven Critical Capabilities to Demand From Your Cloud Contact Center Provider

To deliver a world-class customer experience, your contact center must be flexible and reliable, while providing all the tools agents and supervisors need to manage their workflows. Here are seven critical capabilities to look for when deploying a contact center in the cloud...
Featured Webinar

Contact Center Economics and the Cloud

Together, Bob and Drew will help you understand the economic value of upgrading technology, important business and financial considerations, and how to compare total cost of ownership of a premises vs. cloud or hosted solution. Watch the webinar on-demand now...
Featured Datasheet
Zipwire Cloud Contact Center

Zipwire Cloud Contact Center

The appeal of moving services to the cloud is obvious. Cloud services offer reliability and robust feature sets without the need to implement or maintain complex contact center infrastructure. The Zipwire™ cloud-based contact center allows businesses to leverage the flexibility and cost savings of cloud architecture while offering a seamless, first-class customer experience...