NXP Semiconductors N.V. (NXPI) To Go Ex-Dividend on September 16th

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) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Wednesday, September 16th.

NXP Semiconductors has raised its dividend payment by an average of 0.2%annually over the last three years. NXP Semiconductors has a dividend payout ratio of 29.4% meaning its dividend is sufficiently covered by earnings. 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 NASDAQ NXPI opened at $236.62 on Monday. The company has a quick ratio of 1.36, a current ratio of 2.04 and a debt-to-equity ratio of 0.88. NXP Semiconductors has a 12 month low of $183.00 and a 12 month high of $339.95. The company has a market cap of $59.67 billion, a price-to-earnings ratio of 20.19, a P/E/G ratio of 0.80 and a beta of 1.81. The business has a fifty day simple moving average of $245.26 and a 200-day simple moving average of $251.57.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings data on Wednesday, July 29th. The semiconductor provider reported $3.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.52 by $0.09. NXP Semiconductors had a return on equity of 27.83% and a net margin of 22.56%.The firm had revenue of $3.50 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same quarter in the previous year, the company earned $2.72 EPS. The business’s revenue for the quarter was up 19.5% compared to the same quarter last year. Sell-side analysts predict 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.