NVE Co. (NASDAQ:NVEC - Get Free Report) announced a quarterly dividend on Wednesday, May 1st, Zacks reports. Shareholders of record on Monday, May 13th will be given a dividend of 1.00 per share by the semiconductor company on Friday, May 31st. This represents a $4.00 annualized dividend and a yield of 5.49%. The ex-dividend date is Friday, May 10th.
NVE Stock Performance
Shares of NASDAQ NVEC traded down $6.87 during trading on Friday, hitting $72.80. The company had a trading volume of 54,599 shares, compared to its average volume of 23,230. The stock has a 50 day simple moving average of $83.52 and a 200 day simple moving average of $78.04. The firm has a market capitalization of $351.62 million, a P/E ratio of 20.30 and a beta of 1.21. NVE has a 12 month low of $64.14 and a 12 month high of $100.19.
NVE (NASDAQ:NVEC - Get Free Report) last released its earnings results on Wednesday, May 1st. The semiconductor company reported $0.79 EPS for the quarter. The company had revenue of $7.08 million for the quarter. NVE had a net margin of 57.46% and a return on equity of 25.73%.
NVE Company Profile
(
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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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