NVE Co. (NASDAQ:NVEC – Get Free Report) announced a quarterly dividend on Wednesday, May 1st, Zacks reports. Investors of record on Monday, May 13th will be paid a dividend of 1.00 per share by the semiconductor company on Friday, May 31st. This represents a $4.00 dividend on an annualized basis and a dividend yield of 5.19%. The ex-dividend date is Friday, May 10th.
NVE Price Performance
NASDAQ:NVEC opened at $77.04 on Thursday. NVE has a 1-year low of $64.14 and a 1-year high of $100.19. The company has a 50-day moving average of $83.04 and a 200 day moving average of $78.06. The firm has a market cap of $372.10 million, a PE ratio of 21.70 and a beta of 1.21.
NVE (NASDAQ:NVEC – Get Free Report) last released its quarterly earnings results on Wednesday, May 1st. The semiconductor company reported $0.79 EPS for the quarter. The business had revenue of $7.08 million during the quarter. NVE had a net margin of 57.46% and a return on equity of 25.83%.
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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