EX-99.1 2 dex991.htm PRESS RELEASE Press release

Exhibit 99.1

LOGO

 

      Corporate Headquarters
      40W267 Keslinger Road

For Immediate Release

      PO Box 393

For Details Contact:

      LaFox, IL 60147-0393

Ed Richardson

  

David J. DeNeve

   USA

Chairman and Chief Executive Officer

  

Senior Vice President and

   Phone:    (630) 208-2200

Richardson Electronics, Ltd.

  

Chief Financial Officer

   Fax:        (630) 208-2550

Phone: (630) 208-2340

  

Richardson Electronics, Ltd.

  

E-mail: info@rell.com

     

Richardson Electronics Announces Fourth Quarter Dividend

LaFox, IL, Wednesday, April 18, 2007: Richardson Electronics, Ltd. (NASDAQ: RELL) today announced that its Board of Directors voted to declare a cash dividend for the fourth quarter of fiscal 2007 to all holders of common stock.

The cash dividend of $0.04 per share will be payable May 25, 2007 to all common stockholders of record on May 9, 2007. The Company currently has 14,564,199 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 3,048,258 outstanding shares of Class B common stock.

About Richardson Electronics

Richardson Electronics, Ltd. is a global provider of “Engineered Solutions,” serving the RF, Wireless & Power Conversion; Electron Device; Security; and Display Systems markets. The Company delivers engineered solutions for its customers’ needs through product manufacturing, systems integration, prototype design and manufacture, testing and logistics. Press announcements and other information about Richardson are available online at http://www.rell.com/investor.asp.