NVE Co. (NASDAQ:NVEC – Get Free Report) declared a quarterly dividend on Thursday, January 23rd,Wall Street Journal reports. Investors of record on Monday, February 3rd will be paid a dividend of 1.00 per share by the semiconductor company on Friday, February 28th. This represents a $4.00 annualized dividend and a yield of 5.56%. The ex-dividend date of this dividend is Monday, February 3rd.
NVE Trading Down 12.3 %
Shares of NVEC opened at $71.92 on Friday. NVE has a 12 month low of $68.73 and a 12 month high of $90.24. The firm has a fifty day simple moving average of $79.46 and a 200 day simple moving average of $79.41. The stock has a market capitalization of $347.37 million, a price-to-earnings ratio of 23.20 and a beta of 1.12.
NVE (NASDAQ:NVEC – Get Free Report) last announced its earnings results on Wednesday, January 22nd. The semiconductor company reported $0.63 EPS for the quarter. NVE had a net margin of 58.33% and a return on equity of 23.02%.
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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