NVE Corporation (NVEC) To Go Ex-Dividend on February 2nd

NVE Corporation (NASDAQ:NVEC) declared a quarterly dividend on Wednesday, January 21st. Investors 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 yield of 5.2%. The ex-dividend date of this dividend is Monday, February 2nd.

NVE Price Performance

Shares of NASDAQ NVEC opened at $76.71 on Friday. The business has a 50-day moving average of $64.84 and a two-hundred day moving average of $66.87. The company has a market capitalization of $371.28 million, a price-to-earnings ratio of 26.27 and a beta of 1.24. NVE has a 1 year low of $51.50 and a 1 year high of $82.30.

NVE (NASDAQ:NVEC) last issued 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 for the quarter. NVE had a return on equity of 23.21% and a net margin of 54.59%.

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.