Nuvei Co. (NVEI) To Go Ex-Dividend on November 26th

Nuvei Co. (NASDAQ:NVEI) announced a quarterly dividend on Thursday, November 14th,Wall Street Journal reports. Stockholders of record on Tuesday, November 26th will be given a dividend of 0.10 per share on Thursday, December 12th. This represents a $0.40 annualized dividend and a dividend yield of 1.18%. The ex-dividend date is Tuesday, November 26th.

Nuvei has a payout ratio of 15.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Nuvei to earn $1.40 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 28.6%.

Nuvei Price Performance

NASDAQ NVEI opened at $33.99 on Friday. The stock’s fifty day moving average price is $33.46 and its 200 day moving average price is $32.89. Nuvei has a 1 year low of $19.07 and a 1 year high of $34.00. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.04 and a quick ratio of 1.06. The company has a market cap of $4.82 billion, a price-to-earnings ratio of 226.60, a PEG ratio of 1.87 and a beta of 2.51.

Nuvei Company Profile

Nuvei Corporation provides payment technology solutions to merchants and partners in North America, Europe, the Middle East and Africa, Latin America, and the Asia Pacific. The company's platform enables customers to pay and/or accept payments worldwide regardless of the location, device, or preferred payment method.