NVE Co. (NASDAQ:NVEC – Get Free Report) announced a quarterly dividend on Wednesday, July 17th, investing.com reports. Investors of record on Monday, July 29th will be paid 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 Trading Up 1.1 %
Shares of NVEC opened at $85.11 on Friday. NVE has a twelve month low of $64.14 and a twelve month high of $90.24. The firm has a market capitalization of $411.08 million, a P/E ratio of 23.97 and a beta of 1.16. The firm’s 50-day moving average is $76.37 and its two-hundred day moving average is $79.40.
NVE (NASDAQ:NVEC – Get Free Report) last released its quarterly earnings results on Wednesday, May 1st. The semiconductor company reported $0.79 earnings per share for the quarter. The business had revenue of $7.08 million for the quarter. NVE had a return on equity of 25.53% and a net margin of 60.60%.
About NVE
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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