EMCORE Corporation(NASDAQ:EMKR) Declares Dividend of $1.5000.

EMCORE Corporation (NASDAQ:EMKR) had declared a cash dividend of $1.5000 on Jul 6, 2016. The shares will quote ex-dividend on Jul 14, 2016 and the record date has been fixed for Jul 18, 2016. On Jul 6, 2016 share price, the yield comes out to be 26.3158%. The dividend payable date has been fixed on Jul 29, 2016.

EMCORE Corporation (EMKR) made into the market gainers list on Mondays trading session with the shares advancing 0.79% or 0.05 points. Due to strong positive momentum, the stock ended at $6.36, which is also near the day’s high of $6.42. The stock began the session at $6.38 and the volume stood at 4,98,175 shares. The 52-week high of the shares is $8.52 and the 52 week low is $4.95. The company has a current market capitalization of $166 M and it has 2,61,02,399 shares in outstanding.

EMCORE Corporation(EMKR) last announced its earnings results on May 5, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $21.53M. Analysts had an estimated revenue of $22.50M. Earnings per share were $0.02. Analysts had estimated an EPS of $0.04.

Several Insider Transactions has been reported to the SEC. On Feb 18, 2016, Mark Weinswig (Chief Financial Officer) sold 4,800 shares at $5.08 per share price.Also, On Feb 18, 2016, Jeffrey Rittichier (Chief Executive Officer) sold 4,726 shares at $5.08 per share price.On Dec 9, 2015, Steven R Becker (director) sold 78,894 shares at $8.07 per share price, according to the Form-4 filing with the securities and exchange commission.

EMCORE Corporation is engaged in designing and manufacturing indium phosphide (InP) optical chips components subsystems and systems for the broadband and specialty fiber optics market. The Company focuses on linear fiber optic transmission technology. The Company operates through Fiber Optics segment. The Company provides optical components and also end-to-end solutions for high-speed communications network infrastructures enabling systems and service providers to meet demand for bandwidth and connectivity. The Company’s advanced optical technologies are designed for cable television (CATV) and fiber-to-the-premise (FTTP) networks telecommunications and data centers satellite communications aerospace and defense wireless networks and broadcast and professional audio/video systems. The Company has manufacturing facilities located in Alhambra California; Ivyland Pennsylvania and Langfang China.

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