eMagin Corporation (NYSE:EMA) Declares Quarterly Dividend of C$0.73

eMagin Corporation (NYSE:EMA) declared a quarterly dividend on Monday, July 13th. Shareholders of record on Monday, August 3rd will be given a dividend of 0.7325 per share on Monday, August 17th. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend is Friday, July 31st.

eMagin Stock Performance

NYSE:EMA opened at $53.78 on Tuesday. The firm has a 50-day moving average price of $52.49 and a two-hundred day moving average price of $51.51. eMagin has a twelve month low of $44.86 and a twelve month high of $54.06.

Analysts Set New Price Targets

Several brokerages recently issued reports on EMA. Weiss Ratings downgraded eMagin from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 2nd. Barclays lowered their target price on eMagin from $53.00 to $52.00 and set an “equal weight” rating on the stock in a report on Monday, May 11th. Finally, Wall Street Zen raised eMagin from a “strong sell” rating to a “sell” rating in a research report on Saturday, April 18th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $56.33.

eMagin Company Profile

eMagin Corporation engages in the design, develop, manufacture, and market of organic light-emitting diode (OLED) miniature displays on-silicon micro displays, virtual imaging products that utilize OLED micro displays, and related products in the United States and internationally. It offers super video graphics array (SVGA) + OLED micro displays; digital SVGA OLED-XL; super extended graphics array OLED-XL/XLS; video graphics array OLED-XL; and widescreen ultra-extended graphics array OLED-XL. The company also provides design reference kits, which include a micro display and associated electronics to help original equipment manufacturers (OEMs) to evaluate micro display products; near-eye virtual imaging modules that incorporate its OLED-on-silicon micro displays with its lenses and electronic interfaces for integration into OEM products; prism optics, a molded plastic prism lens that permits its AMOLED micro displays to provide realistic images that can be viewed for extended periods with reduced eye-fatigue; and driver boards.