GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » NVE Corp (NAS:NVEC) » Definitions » Dividend Payout Ratio
中文

NVE (NVEC) Dividend Payout Ratio : 1.15 (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is NVE Dividend Payout Ratio?

NVE's dividend payout ratio for the months ended in Dec. 2023 was 1.15.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NVE Corp is 0.90, which seems too high.

The historical rank and industry rank for NVE's Dividend Payout Ratio or its related term are showing as below:

NVEC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.34   Max: 1.65
Current: 0.9


During the past 13 years, the highest Dividend Payout Ratio of NVE was 1.65. The lowest was 0.70. And the median was 1.34.

NVEC's Dividend Payout Ratio is ranked worse than
72.15% of 456 companies
in the Semiconductors industry
Industry Median: 0.46 vs NVEC: 0.90

As of today (2024-04-25), the Dividend Yield % of NVE is 4.98%.

During the past 13 years, the highest Trailing Annual Dividend Yield of NVE was 11.00%. The lowest was 2.63%. And the median was 5.63%.

NVE's Dividends per Share for the months ended in Dec. 2023 was $1.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NVE was 24.80% per year. The lowest was 24.80% per year. And the median was 24.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


NVE Dividend Payout Ratio Historical Data

The historical data trend for NVE's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NVE Dividend Payout Ratio Chart

NVE Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 1.33 1.65 1.33 0.85

NVE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.14 0.59 1.10 1.02 1.15

Competitive Comparison of NVE's Dividend Payout Ratio

For the Semiconductors subindustry, NVE's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NVE's Dividend Payout Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, NVE's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where NVE's Dividend Payout Ratio falls into.



NVE Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

NVE's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2023 )/ EPS without NRI (A: Mar. 2023 )
=4/ 4.7
=0.85

NVE's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1/ 0.87
=1.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NVE (NAS:NVEC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


NVE Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of NVE's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


NVE (NVEC) Business Description

Traded in Other Exchanges
Address
11409 Valley View Road, Eden Prarie, MN, USA, 55344
NVE Corp develops and sells devices that use spintronics, a nanotechnology that relies on electron spin. It manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. The company's products include Digital sensors, Medical sensors, Rotation Sensors, GT Sensors, Angle Sensors, Analog sensors, MSOP Isolators, Passive-In Transceivers, and others. The company manufactures high-performance spintronic products including sensors and couplers. The company's designs are based on giant magnetoresistance GMR and tunneling magnetoresistance TMR combined with integrated circuitry.
Executives
Patricia M Hollister director 3455 LYMAN BLVD, CHASKA MN 55318-3052
Daniel A Baker director, officer: President and CEO 11409 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344-3617
Terrence Glarner director 160 MONTROSE PLACE, ST. PAUL MN 55104
James W Bracke director 15411 MASON POINTE, EDEN PRAIRIE MN 55347
Curt A Reynders officer: Chief Financial Officer 11409 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
James D Hartman director
Richard W Kramp director 174 STONEBRIDGE ROAD, ST. PAUL MN 55118
Gary R Maharaj director 9924 WEST 74TH STREET, EDEN PRAIRIE MN 55344
Robert Irish director 17910-39TH PLACE NORTH, PLYMOUTH MN 55446
Daughton James Dr director, 10 percent owner, officer: Chief Technology Officer
Richard George officer: Chief Financial Officer
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Partners Itasca 10 percent owner 3600 IDS CENTER, 80 SOUTH EIGHT ST, MINNEAPOLIS MN 55402
Norwest Equity Partners Iv Lp /mn/ 10 percent owner 3600 IDS CENTER 80 SOUTH EIGHTH STREET, MINNEAPOLIS MN 554026
Still George J Jr 10 percent owner NORWEST VENTURE PARTNERS, 525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94301

NVE (NVEC) Headlines

From GuruFocus

NVE Corp. Reports Operating Results (10-K)

By gurufocus 10qk 05-05-2010

NVE Schedules Conference Call on Second-Quarter Results

By deactivated_deactivated_Ds*** deactivated_deactivated_Ds*** 10-12-2022

NVE Corporation Schedules Conference Call on First-Quarter Results

By Marketwired Marketwired 07-09-2019

NVE Schedules Conference Call on First-Quarter Results

By Marketwired Marketwired 07-14-2020

NVEC: A Cash Plump Activist Target…For Icahn?

By Wade W. Slome, CFA, CFP Wade W. Slome, CFA, CFP 07-28-2014

NVE Schedules Conference Call on First-Quarter Results

By Marketwired Marketwired 07-12-2021

NVE Schedules Conference Call on Third-Quarter Results

By GlobeNewswire GlobeNewswire 01-16-2023