eMagin Corporation (EMA) To Go Ex-Dividend on August 3rd

eMagin Corporation (NYSE:EMA) declared a quarterly dividend on Monday, July 13th. Investors 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 dividend yield of 5.4%. The ex-dividend date of this dividend is Monday, August 3rd.

eMagin Price Performance

EMA stock opened at $53.98 on Friday. eMagin has a one year low of $45.77 and a one year high of $55.49. The firm has a 50 day simple moving average of $53.04 and a two-hundred day simple moving average of $52.00.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Barclays lowered their price objective on shares of eMagin from $53.00 to $52.00 and set an “equal weight” rating on the stock in a research report on Monday, May 11th. Weiss Ratings cut eMagin from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 2nd. Finally, Wall Street Zen upgraded 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 assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $60.00.

About eMagin

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.