Nve's latest quarterly dividend was on Jan 27, 2023 (ex-date) with a payout of $1 per share. On an annualized basis, the company has a current payout of $4 per share. This brings the dividend yield to 5.54% based on its recent close price.
NVEC has a dividend yield of 5.54% which is higher than the Technology sector, the industry and its peers average. If we compare it with the Technology sector average of 1.47%, Nve's dividend yield is 277% higher. The historical 5-year average of NVEC's dividend yield is 6.0%, which is more than the current one.
Nve has a long history of dividend payments, including the last eight consecutive years with dividend payouts. NVEC has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. But with the price of the stock up by 21% from a year ago, the dividend yield has a decrease of 17%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jan 27, 2023 | Feb 28, 2023 | Jan 25, 2023 | $1 | normal |
| Oct 28, 2022 | Nov 30, 2022 | Oct 19, 2022 | $1 | normal |
| Jul 29, 2022 | Aug 31, 2022 | Jul 20, 2022 | $1 | normal |
| May 13, 2022 | May 31, 2022 | May 4, 2022 | $1 | normal |
| Jan 28, 2022 | Feb 28, 2022 | Jan 19, 2022 | $1 | normal |
| Oct 29, 2021 | Nov 30, 2021 | Oct 20, 2021 | $1 | normal |
| Jul 30, 2021 | Aug 31, 2021 | Jul 21, 2021 | $1 | normal |
| May 14, 2021 | May 31, 2021 | May 5, 2021 | $1 | normal |
| Jan 29, 2021 | Feb 26, 2021 | Jan 20, 2021 | $1 | normal |
| Oct 30, 2020 | Nov 30, 2020 | Oct 21, 2020 | $1 | normal |
| Jul 31, 2020 | Aug 31, 2020 | Jul 22, 2020 | $1 | normal |
| May 15, 2020 | May 29, 2020 | May 6, 2020 | $1 | normal |
| Jan 31, 2020 | Feb 28, 2020 | Jan 22, 2020 | $1 | normal |
| Nov 1, 2019 | Nov 29, 2019 | Oct 23, 2019 | $1 | normal |
| Jul 26, 2019 | Aug 30, 2019 | Jul 17, 2019 | $1 | normal |
| May 10, 2019 | May 31, 2019 | May 1, 2019 | $1 | normal |
| Feb 1, 2019 | Feb 28, 2019 | Jan 23, 2019 | $1 | normal |
| Oct 26, 2018 | Nov 30, 2018 | Oct 15, 2018 | $1 | normal |
| Jul 27, 2018 | Aug 31, 2018 | Jul 18, 2018 | $1 | normal |
| May 11, 2018 | May 31, 2018 | May 2, 2018 | $1 | normal |
| Jan 26, 2018 | Feb 28, 2018 | Jan 17, 2018 | $1 | normal |
| Oct 27, 2017 | Nov 30, 2017 | Oct 18, 2017 | $1 | normal |
| Jul 27, 2017 | Aug 31, 2017 | Jul 19, 2017 | $1 | normal |
| May 11, 2017 | May 31, 2017 | May 4, 2017 | $1 | normal |
| Jan 26, 2017 | Feb 28, 2017 | Jan 18, 2017 | $1 | normal |
| Oct 27, 2016 | Nov 30, 2016 | Oct 19, 2016 | $1 | normal |
| Jul 28, 2016 | Aug 31, 2016 | Jul 20, 2016 | $1 | normal |
NVEC has a payout ratio of 105.5% which is higher than the Technology sector, the industry and its peers average. In comparison with the Technology sector average of 29.3%, Nve's payout ratio is 260% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NVEC Nve Corp | 5.56% | $4 | 105.5% |
| AVGO Broadcom Inc | 2.83% | $16.9 | 61.6% |
| TXN Texas Instruments Inc | 2.62% | $4.78 | 49.5% |
| ADI Analog Devices Inc | 1.7% | $3.04 | 57.5% |
| VSH Vishay Intertechnology Inc | 1.65% | $0.4 | 14.7% |
Yes, Nve has been paying dividends for the last eight years.
At this point we don't have a record of NVEC's next dividend date, but based on the current dividend schedule we project that it will likely be in April 2023.
Nve's last dividend ex-date was on Jan 27, 2023. The dividend amount was $1 per share.
NVEC's annualized dividend per share is $4.
Nve's current dividend yield is 5.54%.
Nve has a quarterly dividend frequency.
Nve's dividend payout ratio is 105.5%.
Nve's dividend yield is more than the Technology sector average.