Nuvei Corporation (TSE:NVE) Declares Dividend Increase – $0.14 Per Share

Nuvei Corporation (TSE:NVEGet Free Report) declared a quarterly dividend on Tuesday, May 7th, Zacks reports. Investors of record on Tuesday, May 21st will be given a dividend of 0.138 per share on Thursday, June 6th. This represents a $0.55 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Friday, May 17th. This is a positive change from Nuvei’s previous quarterly dividend of $0.14.

Nuvei Price Performance

Nuvei (TSE:NVEGet Free Report) last released its quarterly earnings data on Tuesday, March 5th. The company reported C$0.42 EPS for the quarter, beating the consensus estimate of C$0.33 by C$0.09. The company had revenue of C$437.75 million during the quarter, compared to analyst estimates of C$439.95 million.

Analyst Upgrades and Downgrades

Separately, William Blair cut Nuvei from an “outperform” rating to a “market perform” rating in a report on Monday, April 1st.

Check Out Our Latest Stock Analysis on Nuvei

Read More

Receive News & Ratings for Nuvei Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuvei and related companies with MarketBeat.com's FREE daily email newsletter.