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NXP Semiconductors N.V. (NASDAQ:NXPI) Announces $1.01 Quarterly Dividend
NXP Semiconductors N.V. (NASDAQ:NXPI) announced a quarterly dividend of $1.014 per share, payable April 9th to shareholders of record on March 25th. This dividend, which equates to an annual yield of approximately 2.1%, appears sustainable given the company’s payout ratio and modest dividend growth. NXP recently exceeded Q4 earnings expectations and provided Q1 guidance, with its stock trading near $191.22.