NXP Semiconductors: Dividend Insights
Portfolio Pulse from Benzinga Insights
NXP Semiconductors (NASDAQ:NXPI) has announced a quarterly dividend of $1.014 per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday are eligible for the dividend, which will be paid on January 5, 2024. The stock is expected to open $1.014 lower on the ex-dividend date to reflect the payout.
December 07, 2023 | 2:45 pm
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NXP Semiconductors is set to pay a $1.014 quarterly dividend with an ex-dividend date this Tuesday. The stock price will likely open lower by the dividend amount on the ex-dividend date.
The stock price is expected to drop by the amount of the dividend on the ex-dividend date, which is a common occurrence as the value of the dividend is no longer included in the stock price. This adjustment is typically short-term and reflects the direct impact of the dividend payout.
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