DIVIDENDS

6 Months Ended

Jun. 30, 2011

DIVIDENDS [Abstract]

DIVIDENDS

NOTE 11.                      DIVIDENDS

Dividends

The following dividend declarations were made by the BOD of NVE:

Declaration Date	Amount	Payable Date	Shareholders of Record Date
May 3, 2011	$0.12	June 22, 2011	June 7, 2011
August 4, 2011	$0.12	September 21, 2011	September 6, 2011

On May 3, 2011, NPC and SPPC declared a dividend to NVE for $25 million and $12 million, respectively. On August 4, 2011, NPC and SPPC declared a dividend to NVE for $40 million and $10 million, respectively.