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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, March 14, 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 April 16, 2018 to
shareholders of record of the Company’s common stock as of
the close of business on April 2, 2018.
Kyle
Cerminara, Chairman of the Board, said, “We are pleased to
continue the Company’s capital return program with the
declaration of our eighth consecutive quarterly dividend. The
capital return program also includes stock repurchases. We believe
the Company has ample working capital to sustain the program while
funding our development, growth and investment
objectives.”
About RELM Wireless Corporation
As an
American manufacturer for over 70 years, RELM Wireless is deeply
rooted in the public safety communications industry, manufacturing
high-specification communications equipment of unsurpassed
reliability and value for use by public safety professionals and
government agencies. Advances include a broad new line of leading
digital two-way radios compliant with APCO Project 25
specifications. RELM Wireless’ 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.bktechnologies.com or
directly at 1-800-821-2900. The Company’s common stock trades
on the NYSE American market under the symbol
“RWC”.