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NXP Semiconductors Announces Initiation of a Quarterly Dividend Program

The initial interim dividend for the fourth quarter of 2018 will be $0.25 per ordinary share.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

NXP Semiconductors N.V. announced that its board of directors has approved the initiation of a dividend program under which the company will pay a regular quarterly cash dividend. The initial interim dividend for the fourth quarter of 2018 will be $0.25 per ordinary share. The interim dividend will be paid on Oct. 5, 2018 to shareholders of record as of Sept. 25, 2018.
 
“The decision by the board to initiate a dividend represents a meaningful milestone in our history and demonstrates confidence in our strong operating performance, significant free cash flow generation and positive long-term financial outlook,” said Richard Clemmer, NXP CEO.

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