NVE Corporation (NVEC) to Issue Quarterly Dividend of $1.00 on May 29th

NVE Corporation (NASDAQ:NVEC) declared a quarterly dividend on Wednesday, May 6th. Investors of record on Monday, May 18th will be paid a dividend of 1.00 per share by the semiconductor company on Friday, May 29th. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date is Monday, May 18th.

NVE Trading Down 3.2%

Shares of NASDAQ:NVEC opened at $89.74 on Friday. The company has a 50 day moving average of $75.80 and a 200 day moving average of $69.60. The stock has a market cap of $434.34 million, a P/E ratio of 28.58 and a beta of 1.36. NVE has a 12 month low of $57.21 and a 12 month high of $110.03.

NVE (NASDAQ:NVEC) last issued its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported $1.02 EPS for the quarter. The company had revenue of $7.65 million during the quarter. NVE had a net margin of 57.72% and a return on equity of 25.62%.

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.