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Psychemedics (NYSE:PMD) declared a quarterly dividend on Tuesday, July 29th, Stock Ratings News reports. Investors of record on Thursday, August 7th will be given a dividend of 0.15 per share on Monday, August 18th. This represents a $0.60 dividend on an annualized basis and a yield of 4.26%. The ex-dividend date of this dividend is Tuesday, August 5th.

Shares of Psychemedics (NYSE:PMD) traded up 0.49% during mid-day trading on Tuesday, hitting $14.22. 6,040 shares of the company’s stock traded hands. Psychemedics has a 1-year low of $11.86 and a 1-year high of $18.76. The stock’s 50-day moving average is $14.28 and its 200-day moving average is $15.68. The company has a market cap of $75.7 million and a P/E ratio of 20.21.

Psychemedics (NYSE:PMD) last announced its earnings results on Monday, July 28th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.13. On average, analysts predict that Psychemedics will post $0.44 earnings per share for the current fiscal year.

Psychemedics Corporation (NYSE:PMD) provides testing services for the detection of abused substances through the analysis of hair samples.

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