eMagin Corporation (NYSE:EMA – Get Free Report) declared a quarterly dividend on Tuesday, October 13th. Stockholders of record on Friday, October 30th will be given a dividend of C$0.74 per share on Friday, November 13th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Friday, October 30th. This is a 1.0% increase from eMagin’s previous quarterly dividend of C$0.73.
eMagin Stock Down 0.4%
Shares of NYSE EMA traded down $0.16 during midday trading on Tuesday, reaching $45.68. 1,780,108 shares of the stock traded hands, compared to its average volume of 435,674. The company’s 50 day moving average is $49.48 and its 200 day moving average is $51.58. eMagin has a one year low of $45.27 and a one year high of $55.49.
About eMagin
eMagin Corporation was a U.S.-based developer and manufacturer of organic light-emitting diode (OLED) microdisplays and near-eye display systems. Its products were designed for applications requiring compact, high-resolution displays, including military and aerospace equipment, night-vision and thermal-imaging systems, medical devices, industrial instruments, and other specialized electronics.
The company developed active-matrix OLED microdisplays, display engines, and related technologies intended for use in head-mounted and wearable systems.
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