NVE Co. (NASDAQ:NVEC) Plans $1.00 Quarterly Dividend

NVE Co. (NASDAQ:NVECGet Free Report) announced a quarterly dividend on Wednesday, July 17th, investing.com reports. Stockholders of record on Monday, July 29th will be given a dividend of 1.00 per share by the semiconductor company on Friday, August 30th. This represents a $4.00 annualized dividend and a dividend yield of 4.70%. The ex-dividend date is Monday, July 29th.

NVE Stock Performance

Shares of NVEC stock opened at $85.11 on Friday. The company has a market capitalization of $411.08 million, a price-to-earnings ratio of 23.97 and a beta of 1.16. The stock’s 50 day simple moving average is $76.37 and its 200 day simple moving average is $79.40. NVE has a twelve month low of $64.14 and a twelve month high of $90.24.

NVE (NASDAQ:NVECGet Free Report) last released its quarterly earnings results on Wednesday, May 1st. The semiconductor company reported $0.79 EPS for the quarter. The company had revenue of $7.08 million for the quarter. NVE had a net margin of 60.60% and a return on equity of 25.53%.

NVE Company Profile

(Get Free Report)

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.

See Also

Dividend History for NVE (NASDAQ:NVEC)

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