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NVE declares $1.00 quarterly dividend payable Nov. 30 to record holders on Nov. 2

NVECNve Corp

NVE Corporation's Board of Directors approved a quarterly cash dividend of $1.00 per share of common stock, payable November 30, 2026 to shareholders of record as of November 2, 2026. The company also reported second quarter fiscal 2027 results showing total revenue decreased 8% to $5.83 million and net income fell 4% to $3.17 million compared to the prior-year quarter. For the first six months of fiscal 2027, revenue increased 36% to $16.9 million and net income rose 39% to $9.57 million. NVE Corporation manufactures high-performance spintronic products including sensors and couplers used to acquire and transmit data.

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