NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position or speed primarily for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers for industrial Internet of Things market. In addition, it undertakes contracts for research and development, and licensing of spintronic magnetoresistive random access memory technology. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.
NVE Dividend Announcement
• NVE announced a quarterly dividend of $1.00 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-04
• NVE annual dividend for 2024 was $4.00
• NVE annual dividend for 2023 was $4.00
• NVE's trailing twelve-month (TTM) dividend yield is 6.03%
• NVE's payout ratio for the trailing twelve months (TTM) is 119.93%
NVE Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-04 | $1.00 | quarterly | 2024-11-29 |
| 2024-07-29 | $1.00 | quarterly | 2024-08-30 |
| 2024-05-10 | $1.00 | quarterly | 2024-05-31 |
| 2024-01-26 | $1.00 | quarterly | 2024-02-29 |
| 2023-10-27 | $1.00 | quarterly | 2023-11-30 |
| 2023-07-28 | $1.00 | quarterly | 2023-08-31 |
| 2023-05-12 | $1.00 | quarterly | 2023-05-31 |
| 2023-01-27 | $1.00 | quarterly | 2023-02-28 |
| 2022-10-28 | $1.00 | quarterly | 2022-11-30 |
| 2022-07-29 | $1.00 | quarterly | 2022-08-31 |
| 2022-05-13 | $1.00 | quarterly | 2022-05-31 |
| 2022-01-28 | $1.00 | quarterly | 2022-02-28 |
| 2021-10-29 | $1.00 | quarterly | 2021-11-30 |
| 2021-07-30 | $1.00 | quarterly | 2021-08-31 |
| 2021-05-14 | $1.00 | quarterly | 2021-05-31 |
| 2021-01-29 | $1.00 | quarterly | 2021-02-26 |
| 2020-10-30 | $1.00 | quarterly | 2020-11-30 |
| 2020-07-31 | $1.00 | quarterly | 2020-08-31 |
| 2020-05-15 | $1.00 | quarterly | 2020-05-29 |
| 2020-01-31 | $1.00 | quarterly | 2020-02-28 |
| 2019-11-01 | $1.00 | quarterly | 2019-11-29 |
| 2019-07-26 | $1.00 | quarterly | 2019-08-30 |
| 2019-05-10 | $1.00 | quarterly | 2019-05-31 |
| 2019-02-01 | $1.00 | quarterly | 2019-02-28 |
| 2018-10-26 | $1.00 | quarterly | 2018-11-30 |
| 2018-07-27 | $1.00 | quarterly | 2018-08-31 |
| 2018-05-11 | $1.00 | quarterly | 2018-05-31 |
| 2018-01-26 | $1.00 | quarterly | 2018-02-28 |
| 2017-10-27 | $1.00 | quarterly | 2017-11-30 |
| 2017-07-27 | $1.00 | quarterly | 2017-08-31 |
| 2017-05-11 | $1.00 | quarterly | 2017-05-31 |
| 2017-01-26 | $1.00 | quarterly | 2017-02-28 |
| 2016-10-27 | $1.00 | quarterly | 2016-11-30 |
| 2016-07-28 | $1.00 | quarterly | 2016-08-31 |
| 2016-05-12 | $1.00 | quarterly | 2016-05-31 |
| 2016-01-28 | $1.00 | quarterly | 2016-02-29 |
| 2015-10-29 | $1.00 | quarterly | 2015-11-30 |
| 2015-07-30 | $1.00 | quarterly | 2015-08-31 |
| 2015-05-14 | $1.00 | quarterly | 2015-05-29 |
| 2015-01-29 | $2.06 | quarterly | 2015-02-27 |
NVE Dividend per year
NVE Dividend growth
NVE Dividend Yield
NVE current trailing twelve-month (TTM) dividend yield is 6.03%. Interested in purchasing NVE stock? Use our calculator to estimate your expected dividend yield:
NVE Financial Ratios
P/E ratio24.87
PEG ratio-6.01
P/B ratio6.18
ROE24.62%
Payout ratio119.93%
Current ratio36.32
Quick ratio28.36
Cash Ratio3.32
NVE Dividend FAQ
How much is the next NVE dividend?
NVE's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next NVE dividend. The next NVE dividend will be released in January, May, July, or October.
When is NVE dividend paid?
NVE pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, May, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does NVE pay?
The specific amount of NVE dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find NVE's dividend history.
Does NVE stock pay dividends?
Yes, NVE does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find NVE's dividend history.
How much dividend does NVE pay?
NVE paid $4.0 in 2024, $4.0 in 2023, $4.0 in 2022, $4.0 in 2021, and $4.0 in 2020.
How often does NVE pay dividends?
NVE typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, May, July, and October.
What is NVE's dividend yield?
The current dividend yield for NVE is 6.03%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate NVE's exact dividend yield.
When does NVE go ex dividend?
NVE's ex-dividend date for the latest dividend was on 2024-11-04. NVE typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next NVE dividend paid?
NVE pays dividends on a quarterly basis, typically around January, May, July, or October, but the exact dates can vary each year.
Will NVE increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether NVE will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is NVE dividend per share?
NVE paid $4.0 per share in 2024 and $4.0 per share in 2023. The amount of dividend per share that NVE pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is NVE a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is NVE a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is NVE a dividend stock?
Yes, NVE is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is NVE a good dividend stock?
Whether NVE is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. NVE has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating NVE as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating NVE as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does NVE pay dividends monthly?
NVE typically pays dividends on a quarterly basis.
Does NVE pay dividends quarterly?
NVE currently pays dividends on a quarterly basis.
Has NVE ever paid a dividend?
Yes, NVE has a history of paying dividends to its shareholders. NVE is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy NVE dividend stocks?
To buy NVE you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy NVE stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy NVE stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does NVE pay dividends 2024?
NVE pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-29. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will NVE increase its dividend in 2024?
Decisions regarding NVE dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date NVE dividend overview you can look into the above table of dividend history.
How NVE dividend works?
The NVE dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how NVE's dividend process works:
1. Determination of Dividend: NVE's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, NVE publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, NVE distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from NVE are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: NVE's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, NVE publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, NVE distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from NVE are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are NVE dividends paid?
NVE dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: NVE sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, NVE distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NVE declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: NVE sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, NVE distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NVE declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does NVE pay dividends?
NVE typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does NVE pay dividends?
The general pattern is that NVE pays dividends around January, May, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is NVE dividend safe?
The safety of NVE's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of NVE's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review NVE's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of NVE's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review NVE's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.