Immersion Co. (IMMR) to Issue None Dividend of $0.25 on January 24th

Immersion Co. (NASDAQ:IMMR) announced a None dividend on Friday, November 8th,Zacks Dividends reports. Stockholders of record on Friday, January 10th will be paid a dividend of 0.245 per share by the software maker on Friday, January 24th. The ex-dividend date is Friday, January 10th.

Immersion Trading Down 0.8 %

Shares of NASDAQ IMMR opened at $8.58 on Wednesday. The company has a market cap of $276.93 million, a PE ratio of 4.19 and a beta of 1.50. The firm’s 50 day moving average price is $8.82 and its 200-day moving average price is $9.43. Immersion has a 52-week low of $6.54 and a 52-week high of $13.94. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.72 and a current ratio of 1.55.

Immersion (NASDAQ:IMMR) last released its quarterly earnings data on Monday, December 16th. The software maker reported $0.83 EPS for the quarter, topping the consensus estimate of $0.15 by $0.68. Immersion had a return on equity of 27.05% and a net margin of 40.62%. On average, equities research analysts expect that Immersion will post 1.96 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, BWS Financial reiterated a “buy” rating and set a $13.50 price objective on shares of Immersion in a research note on Wednesday, December 18th.

About Immersion

Immersion Corporation, together with its subsidiaries, engages in the creation, design, development, and licensing of haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses.