Nuvei Co. (NASDAQ:NVEI) Declares $0.10 Quarterly Dividend

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

Nuvei has a dividend payout ratio of 15.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Nuvei to earn $1.40 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 28.6%.

Nuvei Trading Down 0.0 %

Shares of NASDAQ:NVEI opened at $33.98 on Friday. Nuvei has a twelve month low of $19.07 and a twelve month high of $33.99. The company has a current ratio of 1.04, a quick ratio of 1.06 and a debt-to-equity ratio of 0.59. The firm has a market cap of $4.82 billion, a P/E ratio of 226.53, a P/E/G ratio of 1.87 and a beta of 2.51. The company has a 50 day moving average of $33.43 and a 200-day moving average of $32.87.

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.