NXP Semiconductors (NXPI) Declares $1.014 Quarterly Dividend; Approves New $2B Buyback Program

NXP Semiconductors (NASDAQ: NXPI) declared a quarterly dividend of $1.014 per share, or $4.056 annualized.

The dividend will be payable on October 9, 2024, to stockholders of record on September 12, 2024, with an ex-dividend date of September 11, 2024.

The annual yield on the dividend is 1.6 percent.

Additionally, consistent with NXP’s historic policy of returning excess cash flow to shareholders, the board of directors has also approved an additional $2 billion authorization to its existing share repurchase program. The new $2 billion share repurchase authorization is in addition to the approximately $726 million currently remaining for repurchase under the existing share repurchase authorization.

For a dividend history and other dividend-related data on NXP Semiconductors (NXPI) click here.

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