WI-LAN declared a quarterly dividend on Friday, August 9th.

Investors of record on Friday, September 13th will be given a dividend of $0.0386 per share on Friday, October 4th. This represents a $0.15 dividend on an annualized basis and a yield of 4.50%. The ex-dividend date of this dividend is Wednesday, September 11th.

WILN has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of WI-LAN from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday, July 25th. They now have a $3.60 price target on the stock. Finally, analysts at Clarus Securities reiterated a “buy” rating on shares of WI-LAN in a research note to investors on Friday, June 21st.

Shares of WI-LAN ( NASDAQ:WILN) traded up 3.94% during mid-day trading on Friday, hitting $3.43. WI-LAN has a one year low of $3.15 and a one year high of $5.89. The stock’s 50-day moving average is currently $4.01. The company’s market cap is $416.9 million.

WI-LAN (NASDAQ:WILN) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by $0.02. The company had revenue of $19.90 million for the quarter, compared to the consensus estimate of $18.01 million. On average, analysts predict that WI-LAN will post $0.08 earnings per share for the current fiscal year.