NVE Co. (NASDAQ:NVEC – Get Free Report) declared a quarterly dividend on Wednesday, January 22nd,Wall Street Journal reports. Stockholders of record on Monday, February 3rd will be paid a dividend of 1.00 per share by the semiconductor company on Friday, February 28th. This represents a $4.00 annualized dividend and a dividend yield of 5.58%. The ex-dividend date is Monday, February 3rd.
NVE Trading Down 0.1 %
NASDAQ NVEC opened at $71.66 on Friday. NVE has a 1 year low of $67.35 and a 1 year high of $90.24. The firm has a market capitalization of $346.83 million, a price-to-earnings ratio of 23.12 and a beta of 1.12. The firm’s 50 day simple moving average is $78.70 and its 200 day simple moving average is $79.24.
NVE (NASDAQ:NVEC – Get Free Report) last issued its earnings results on Wednesday, January 22nd. The semiconductor company reported $0.63 earnings per share for the quarter. NVE had a return on equity of 23.21% and a net margin of 58.33%.
NVE Company Profile
NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data.
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