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

NVE Corporation (NASDAQ:NVEC) declared a quarterly dividend on Wednesday, July 22nd. Shareholders of record on Monday, August 3rd will be given a dividend of 1.00 per share by the semiconductor company on Monday, August 31st. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Monday, August 3rd.

NVE Price Performance

NASDAQ NVEC opened at $86.68 on Thursday. The company has a fifty day moving average of $97.60 and a two-hundred day moving average of $80.66. The company has a market capitalization of $419.53 million, a PE ratio of 27.61 and a beta of 1.38. NVE has a 1 year low of $57.21 and a 1 year high of $121.20.

NVE (NASDAQ:NVEC) last posted its earnings results on Wednesday, July 22nd. The semiconductor company reported $1.32 EPS for the quarter. NVE had a return on equity of 25.62% and a net margin of 57.72%.The business had revenue of $11.03 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised NVE from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, NVE currently has a consensus rating of “Hold”.

NVE Company Profile

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.