Electro Rent Corporation Increases Regular Quarterly Cash Dividend

VAN NUYS, Calif.--(BUSINESS WIRE)--Electro Rent Corporation (NASDAQ:ELRC) announced today that the company’s Board of Directors has increased its regular quarterly cash dividend by more than 33% to $0.20 per common share from $0.15 per common share. This is the second increase since the company initiated its dividend payment in April 2007. Electro Rent will pay the increased quarterly cash ...