NXP Semiconductors NV (NASDAQ:NXPI) declared a quarterly dividend on Thursday, November 29th, NASDAQ reports. Stockholders of record on Friday, December 14th will be given a dividend of 0.25 per share by the semiconductor provider on Monday, January 7th. This represents a $1.00 annualized dividend and a dividend yield of 1.31%. The ex-dividend date is Thursday, December 13th.

NXP Semiconductors has a dividend payout ratio of 16.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect NXP Semiconductors to earn $7.22 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 13.9%.

Shares of NXP Semiconductors stock traded down $5.55 during trading on Friday, hitting $76.50. 3,863,283 shares of the stock were exchanged, compared to its average volume of 3,611,533. The firm has a market capitalization of $28.20 billion, a PE ratio of 10.65, a P/E/G ratio of 1.07 and a beta of 0.93. NXP Semiconductors has a 1-year low of $69.72 and a 1-year high of $125.93. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.22 and a quick ratio of 0.87.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings data on Wednesday, October 31st. The semiconductor provider reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.13. The company had revenue of $2.45 billion for the quarter, compared to analyst estimates of $2.43 billion. NXP Semiconductors had a net margin of 28.38% and a return on equity of 18.08%. As a group, analysts expect that NXP Semiconductors will post 6.15 EPS for the current year.

A number of research analysts recently commented on NXPI shares. Barclays upgraded shares of NXP Semiconductors from an “equal weight” rating to an “overweight” rating and decreased their price target for the company from $105.00 to $95.00 in a research note on Tuesday, October 23rd. Stifel Nicolaus reiterated a “sell” rating on shares of NXP Semiconductors in a research note on Thursday, November 1st. Morgan Stanley decreased their target price on shares of NXP Semiconductors from $105.00 to $100.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 3rd. Bank of America upgraded shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and increased their target price for the stock from $110.00 to $120.00 in a research report on Monday, September 17th. Finally, Credit Suisse Group initiated coverage on shares of NXP Semiconductors in a research report on Friday, September 7th. They set an “outperform” rating and a $125.00 target price on the stock. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $101.97.

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About NXP Semiconductors

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; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

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