NXP Semiconductors N.V. to Issue Quarterly Dividend of $1.01 (NASDAQ:NXPI)

NXP Semiconductors N.V. (NASDAQ:NXPI) declared a quarterly dividend on Friday, August 28th. Investors of record on Wednesday, September 16th will be paid a dividend of 1.014 per share by the semiconductor provider on Thursday, October 8th. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Wednesday, September 16th.

NXP Semiconductors has raised its dividend by an average of 0.2%annually over the last three years. NXP Semiconductors has a dividend payout ratio of 29.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect NXP Semiconductors to earn $16.68 per share next year, which means the company should continue to be able to cover its $4.05 annual dividend with an expected future payout ratio of 24.3%.

NXP Semiconductors Stock Performance

Shares of NXP Semiconductors stock opened at $236.62 on Monday. The firm has a market capitalization of $59.67 billion, a PE ratio of 20.19, a price-to-earnings-growth ratio of 0.80 and a beta of 1.81. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.04 and a quick ratio of 1.36. The company’s fifty day moving average price is $245.26 and its two-hundred day moving average price is $251.57. NXP Semiconductors has a 52-week low of $183.00 and a 52-week high of $339.95.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings data on Wednesday, July 29th. The semiconductor provider reported $3.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.52 by $0.09. The company had revenue of $3.50 billion during the quarter, compared to analysts’ expectations of $3.47 billion. NXP Semiconductors had a net margin of 22.56% and a return on equity of 27.83%. The business’s revenue was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.72 EPS. On average, analysts expect that NXP Semiconductors will post 13.73 EPS for the current year.

About NXP Semiconductors

NXP Semiconductors N.V. (NASDAQ: NXPI) is a global semiconductor company headquartered in Eindhoven, the Netherlands. The company develops and sells high-performance mixed-signal and standard semiconductor products used in automotive, industrial, communications infrastructure, mobile, and consumer applications.

Its product portfolio includes microcontrollers and application processors, automotive networking and radar solutions, connectivity chips, analog and interface devices, radio-frequency power products, and security technologies.