Immersion Corporation (NASDAQ:IMMR) Raises Dividend to $0.08 Per Share

Immersion Corporation (NASDAQ:IMMR - Get Free Report) declared a quarterly dividend on Monday, December 8th. Stockholders of record on Monday, January 19th will be paid a dividend of 0.075 per share by the software maker on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, January 16th. This is a 66.7% increase from Immersion's previous quarterly dividend of $0.05.Immersion Trading Up 3.2%3 Small-Cap Stocks to Watch After the Fed’s Rate CutsIMMR traded up $0.22 during trading hours on Monday, hitting $7.04. The company's stock had a trading volume of 797,216 shares, compared to its average volume of 443,893. Immersion has a fifty-two week low of $5.65 and a fifty-two week high of $10.72. The firm has a market capitalization of $228.07 million, a PE ratio of 2.53 and a beta of 0.89. The company has a 50-day simple moving average of $6.82 and a 200 day simple moving average of $7.18. Analysts Set New Price TargetsIMMR has been the subject of several recent analyst reports. Weiss Ratings reissued a "hold (c)" rating on shares of Immersion in a research note on Friday, October 31st. BWS Financial reiterated a "buy" rating and issued a $13.50 target price on shares of Immersion in a research report on Wednesday, October 15th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $12.25.Immersion Stock Surges as It Monetizes Haptic Technology PatentsRead Our Latest Stock Report on IMMRAbout Immersion (Get Free Report)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.See AlsoFive stocks we like better than ImmersionComparing and Trading High PE Ratio Stocks3 Stocks Most Likely to Split in 2026Uptrend Stocks Explained: Learn How to Trade Using UptrendsChargePoint's Comeback Story: Why This EV Stock Is Charging Up AgainManufacturing Stocks Investing5 Tech Stocks Insiders Are Selling (But Smart Investors Are Loading Up)Immersion Stock is a Turnaround PlayThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Immersion Right Now?Before you consider Immersion, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Immersion wasn't on the list.While Immersion currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here