NVE Corporation (NASDAQ:NVEC – Get Free Report) declared a quarterly dividend on Wednesday, October 22nd. Stockholders of record on Monday, November 3rd will be given a dividend of 1.00 per share by the semiconductor company on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 5.7%. The ex-dividend date is Monday, November 3rd.
NVE Trading Down 3.6%
NASDAQ:NVEC opened at $70.60 on Thursday. The firm has a market capitalization of $341.70 million, a PE ratio of 23.53 and a beta of 1.22. The stock has a 50 day moving average of $66.96 and a 200-day moving average of $67.39. NVE has a 52 week low of $51.50 and a 52 week high of $88.50.
NVE (NASDAQ:NVEC – Get Free Report) last posted its earnings results on Wednesday, October 22nd. The semiconductor company reported $0.68 EPS for the quarter. NVE had a return on equity of 23.16% and a net margin of 57.71%.
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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