NXP Semiconductors NV (NXPI) Plans Quarterly Dividend of $0.25

NXP Semiconductors NV (NASDAQ:NXPI) declared a quarterly dividend on Wednesday, May 29th, Zacks reports. Shareholders of record on Friday, June 14th will be given a dividend of 0.25 per share by the semiconductor provider on Friday, July 5th. This represents a $1.00 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Thursday, June 13th.

NXP Semiconductors has a payout ratio of 16.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect NXP Semiconductors to earn $8.00 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 12.5%.

NXPI stock traded up $0.35 during trading on Friday, hitting $92.64. 1,877,672 shares of the company’s stock traded hands, compared to its average volume of 4,113,355. NXP Semiconductors has a 52 week low of $67.62 and a 52 week high of $120.43. The company has a quick ratio of 1.04, a current ratio of 1.42 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $30.34 billion, a P/E ratio of 15.60, a price-to-earnings-growth ratio of 1.12 and a beta of 1.26.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings data on Monday, April 29th. The semiconductor provider reported $1.72 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.25 by $0.47. NXP Semiconductors had a net margin of 23.06% and a return on equity of 18.33%. The business had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.09 billion. As a group, analysts anticipate that NXP Semiconductors will post 6.59 EPS for the current year.

Several research firms have commented on NXPI. Zacks Investment Research upgraded shares of NXP Semiconductors from a “sell” rating to a “hold” rating and set a $109.00 price objective for the company in a research report on Wednesday, April 10th. BidaskClub lowered shares of NXP Semiconductors from a “hold” rating to a “sell” rating in a report on Tuesday, May 14th. ValuEngine lowered shares of NXP Semiconductors from a “hold” rating to a “sell” rating in a report on Monday, May 20th. Stifel Nicolaus upgraded shares of NXP Semiconductors from a “sell” rating to a “hold” rating and raised their target price for the stock from $85.00 to $95.00 in a report on Wednesday. Finally, Piper Jaffray Companies raised their target price on shares of NXP Semiconductors from $100.00 to $110.00 and gave the stock an “overweight” rating in a report on Tuesday, April 9th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. NXP Semiconductors currently has a consensus rating of “Hold” and a consensus price target of $100.58.

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NXP Semiconductors Company Profile

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

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