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8-K - CURRENT REPORT - BK Technologies Corp | rwc_8k.htm |
Exhibit
99.1
Company Contact:
William Kelly, EVP & CFO
(321) 984-1414
RELM Wireless Declares Quarterly Dividend of $0.02 per
Share
WEST MELBOURNE, FL, December 7, 2017 – RELM Wireless
Corporation (NYSE American: RWC), today announced that on December
6, 2017 its Board of Directors declared a quarterly dividend of
$0.02 per share of the Company’s common stock, payable on
January 16, 2018 to shareholders of record of the Company’s
common stock as of the close of business on January 2,
2018.
Kyle
Cerminara, Chairman of the Board, said, “We are pleased to
continue our capital return program with the declaration of a
dividend for the seventh consecutive quarter. The capital return
program also includes stock repurchases. We believe the Company has
ample working capital to sustain the program while funding our
development and 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”.