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Immersion declares quarterly dividend of $0.045 per share for August payout

Published 08/07/2025, 22:08
Immersion declares quarterly dividend of $0.045 per share for August payout
IMMR
-3.40%

Immersion Corporation (NASDAQ:IMMR), a $253 million market cap technology company trading at an attractive P/E ratio of 3.7x, announced Tuesday that its Board of Directors has declared a quarterly cash dividend of $0.045 per share on its outstanding common stock. The dividend is scheduled to be paid on August 8, 2025, to shareholders of record as of July 23, 2025. According to InvestingPro analysis, the stock appears slightly undervalued at current levels.

The company stated that future dividends will be subject to further review and approval by the Board in accordance with applicable law. The Board reserves the right to declare, adjust, or withdraw quarterly dividends in future periods as it reviews the company’s capital allocation strategy.

This information is based on a press release statement included in a filing with the Securities and Exchange Commission.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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