VAN NUYS, Calif.--(BUSINESS WIRE)--Electro Rent Corporation (Nasdaq: ELRC) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.125 per common share, payable on July 10, 2015 to shareholders of record as of June 22, 2015. This dividend payment represents a reduction from Electro Rent’s prior dividend of $0.20 per common share, and reflects the Board’s decision to strengthen the company’s capital structure and preserve a sustainable return to its sharehold
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