DIVIDEND ANNOUNCEMENT: NVE Corp (NASDAQ:NVEC) on 10/23/2019 declared a dividend of $1.0000 per share

NVE Corp (NASDAQ:NVEC) on 10/23/2019 declared a dividend of $ 1.0000 per share payable on November 29, 2019 to shareholders of record as of November 04, 2019.

NVE Corp (NASDAQ:NVEC) has paid dividends since 2015, has a current dividend yield of 6.0551018715% and has increased its dividends for 0 successive years.

NVE Corp's market cap is $ 320,126,760 and has a PE ratio of 22.62. The stock price closed yesterday at $ 66.06 and has a 52 week low/high of $ 61.46 and $ 104.30.

NVE develops and sells devices that use spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. Co. manufactures spintronic products including sensors and couplers that are used to acquire and transmit data. Co. has also licensed its spintronic magnetoresistive random access memory technology (MRAM). Co.'s products include: Sensor, which detect the strength or gradient of magnetic fields and are used to determine position or speed; Coupler, which combine a giant magnetoresistance sensor element and an IsoLoop integrated microscopic coil; and MRAM, which uses spintronics to store data.

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