NXP Semiconductors Stock (NXPI): Price Increases And 50% Dividend Increase

By Amit Chowdhry ● Feb 1, 2022
  • The stock price of NXP Semiconductors NV (NASDAQ: NXPI) increased by 1.34% today. This is why it happened.

The stock price of NXP Semiconductors NV (NASDAQ: NXPI) increased by 1.34% today. Investors are responding positively to the company’s fourth-quarter results. 

NXP Semiconductors had reported Q4 EPS of $2.24, which was about $0.75 less than the analyst estimates of $2.99. But the revenue for the quarter came was $3.04 billion, which was above the consensus estimate of $3 billion.

In terms of guidance, NXP Semiconductors is expecting Q1 2022 revenue of $3.025-3.175 billion, which was above the consensus of $2.96 billion.

On January 31, 2022, the NXP Board of Directors also approved a 50% increase in the quarterly cash dividend to $0.845 per ordinary share. And the interim dividend will be paid in cash on April 6, 2022, to shareholders of record as of March 15, 2022. Plus the NXP Board of Directors approved a new $2 billion 2022 Share Repurchase Program. This new share repurchase authorization is in addition to the approximately $1.35 billion remaining for repurchase under previously authorized share repurchase programs.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.