Nuvei Co. (NVEI) To Go Ex-Dividend on November 26th

Nuvei Co. (NASDAQ:NVEI) declared a quarterly dividend on Thursday, November 14th,Wall Street Journal reports. Stockholders of record on Tuesday, November 26th will be paid a dividend of 0.10 per share on Thursday, December 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend is Tuesday, November 26th.

Nuvei has a dividend payout ratio of 16.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Nuvei to earn $1.49 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 26.8%.

Nuvei Stock Performance

Shares of Nuvei stock opened at $33.99 on Friday. The firm has a market capitalization of $4.82 billion, a P/E ratio of 226.60, a price-to-earnings-growth ratio of 1.73 and a beta of 2.51. The business’s fifty day simple moving average is $33.54 and its 200 day simple moving average is $32.95. Nuvei has a 12 month low of $19.07 and a 12 month high of $34.00. The company has a current ratio of 1.04, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59.

About Nuvei

Nuvei Corporation provides payment technology solutions to merchants and partners in North America, Europe, the Middle East and Africa, Latin America, and the Asia Pacific. The company's platform enables customers to pay and/or accept payments worldwide regardless of the location, device, or preferred payment method.