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8-K - CURRENT REPORT - BK Technologies Corp | rwc_8k.htm |
Exhibit 99.1
Company Contact:
RELM Wireless Corporation
(321) 984-1414
RELM Wireless Declares Quarterly Dividend of $0.02 Per
Share
WEST MELBOURNE, FL, September 18, 2017 – RELM Wireless
Corporation (NYSE American: RWC), today announced that today its
Board of Directors declared a quarterly dividend of $0.02 per share
of the Company’s common stock, payable on October 16, 2017 to
shareholders of record of the Company’s common stock as of
the close of business on October 2, 2017.
Kyle
Cerminara, Chairman of the Board, said, “We are pleased to
continue our capital return program, which includes dividends as
well as stock repurchases. We believe the program as it is
presently structured is sustainable, and provides for ample working
capital to reinvest in the business and fund our growth
objectives.”
About RELM Wireless Corporation
As an
American Manufacturer for almost 70 years, RELM Wireless
Corporation has produced high-specification two-way communications
equipment of unsurpassed reliability and value for use by public
safety professionals and government agencies, as well as radios for
use in a wide range of commercial and industrial applications.
Advances include a broad new line of leading digital two-way radios
compliant with APCO Project 25 specifications. RELM’s
products are manufactured and distributed worldwide under BK Radio
and RELM brand names. The Company maintains its headquarters in
West Melbourne, Florida and can be contacted through its web site
at www.relm.com or directly at 1-800-821-2900. The Company’s
common stock trades on the NYSE American market under the symbol
“RWC”.