DIVIDEND ANNOUNCEMENT: NVE Corp (NASDAQ:NVEC) on 10/18/2023 declared a dividend of $1.0000 per share

NVE Corp (NASDAQ:NVEC) on 10/18/2023 declared a dividend of $ 1.0000 per share payable on November 30, 2023 to shareholders of record as of October 30, 2023.

NVE Corp (NASDAQ:NVEC) has paid dividends since 2015, has a current dividend yield of 5.0213403702% and has increased its dividends for 0 successive years.

NVE Corp's market cap is $ 384,996,780 and has a PE ratio of 16.74. The stock price closed yesterday at $ 79.66 and has a 52 week low/high of $ 47.85 and $ 100.19.

NVE develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information. Co. manufactures spintronic products including sensors and couplers that are used to acquire and transmit data. Co. also receives contracts for research and development and is a licensor of spintronic magnetoresistive random access memory technology (MRAM). Co.'s products include: Sensor products, which detect the strength or gradient of magnetic fields and are used to determine position or speed; Coupler, which electrically isolate the coupled systems; and MRAM, which uses spintronics to store data.

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