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

eMagin Corporation (NYSE:EMA) declared a quarterly dividend on Monday, July 13th. Investors of record on Monday, August 3rd will be paid 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 is Friday, July 31st.

eMagin Price Performance

Shares of eMagin stock traded up $0.43 on Monday, hitting $53.78. The company’s stock had a trading volume of 655,194 shares, compared to its average volume of 373,209. eMagin has a 1 year low of $44.86 and a 1 year high of $54.06. The firm has a fifty day moving average price of $52.48 and a 200-day moving average price of $51.47.

Institutional Investors Weigh In On eMagin

Large investors have recently bought and sold shares of the company. Parallel Advisors LLC raised its holdings in shares of eMagin by 130.9% during the first quarter. Parallel Advisors LLC now owns 508 shares of the company’s stock valued at $26,000 after acquiring an additional 288 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of eMagin by 1,375.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 708 shares of the company’s stock worth $35,000 after acquiring an additional 660 shares during the last quarter. DGS Capital Management LLC purchased a new stake in shares of eMagin during the first quarter worth approximately $349,000. Venturi Wealth Management LLC acquired a new position in eMagin in the 4th quarter valued at $356,000. Finally, Versant Capital Management Inc raised its stake in eMagin by 15.0% in the 2nd quarter. Versant Capital Management Inc now owns 7,396 shares of the company’s stock valued at $392,000 after purchasing an additional 963 shares during the last quarter.

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.