NVE Corporation to Issue Quarterly Dividend of $1.00 (NASDAQ:NVEC)

NVE Corporation (NASDAQ:NVEC) declared a quarterly dividend on Wednesday, January 21st. Stockholders of record on Monday, February 2nd will be given a dividend of 1.00 per share by the semiconductor company on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend is Monday, February 2nd.

NVE Trading Up 0.3%

Shares of NVEC stock opened at $68.45 on Thursday. The stock has a market cap of $331.30 million, a price-to-earnings ratio of 24.02 and a beta of 1.24. NVE has a 1-year low of $51.50 and a 1-year high of $84.64. The stock has a 50-day moving average of $64.58 and a 200-day moving average of $66.80.

NVE (NASDAQ:NVEC) last announced its earnings results on Wednesday, January 21st. The semiconductor company reported $0.70 earnings per share for the quarter. The business had revenue of $6.22 million during the quarter. NVE had a net margin of 55.79% and a return on equity of 22.48%.

About NVE

NVE Corporation (NASDAQ:NVEC) is a technology company specializing in the development, manufacturing, and marketing of spintronic products. The company’s core expertise lies in magnetoresistive sensing and magnetic-field-based digital isolation, leveraging patented spin-valve and tunneling magnetoresistance technologies to deliver high-performance, low-power solutions.

NVE’s product portfolio includes magnetic sensors for current, position, and angle sensing applications, as well as micro-isolators and digital isolators that provide galvanic isolation in industrial, automotive, medical, instrumentation, and consumer electronics systems.