NVE Corporation (NVEC) To Go Ex-Dividend on August 3rd

NVE Corporation (NASDAQ:NVEC) announced a quarterly dividend on Wednesday, July 22nd. Stockholders 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 dividend yield of 3.4%. The ex-dividend date of this dividend is Monday, August 3rd.

NVE Stock Up 1.3%

Shares of NASDAQ:NVEC opened at $116.27 on Friday. The company’s 50-day moving average price is $101.94 and its two-hundred day moving average price is $83.23. The firm has a market cap of $562.75 million, a P/E ratio of 31.26 and a beta of 1.38. NVE has a 12 month low of $57.21 and a 12 month high of $135.00.

NVE (NASDAQ:NVEC) last released its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $1.32 EPS for the quarter. NVE had a return on equity of 30.53% and a net margin of 57.64%.The business had revenue of $11.03 million during the quarter.

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.