EINDHOVEN, The Netherlands - NXP Semiconductors N.V. (NASDAQ: NASDAQ:NXPI), a prominent player in secure connectivity solutions for embedded applications, has declared an interim dividend of $1.014 per ordinary share for the first quarter of 2024. This decision by the board of directors reflects the company's robust capital structure and its confidence in long-term growth and strong cash flow generation.
Shareholders on record as of March 21, 2024, will receive the dividend in cash on April 10, 2024. The distribution is subject to Dutch dividend withholding tax at a rate of 15 percent, which may be reduced under certain conditions. Non-Dutch resident shareholders may be eligible for a full or partial refund of the withholding tax, depending on individual circumstances.
NXP Semiconductors has established itself in markets such as automotive, industrial & IoT, mobile, and communication infrastructure, driving advancements for a more secure and sustainable future. The company employs around 34,200 team members across over 30 countries and reported a revenue of $13.28 billion in 2023.
This news is based on a press release statement from NXP Semiconductors.
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