NXP Semiconductors (NXPI) Surges 8% Ahead of Ex-Dividend Date

We precocious published 10 Stocks Stealing the Spotlight Early arsenic Christmas Looms. NXP Semiconductors NV (NASDAQ:NXPI) is 1 of the apical performers connected Tuesday.

NXP Semiconductors extended its rally for a 4th consecutive time connected Tuesday, jumping 7.95 percent to adjacent astatine $215.35 apiece arsenic investors continued to load portfolios up of the deadline to beryllium included successful the adjacent quarterly dividend payment.

According to NXP Semiconductors NV (NASDAQ:NXPI), it would administer an interim dividend of $1.014 per stock to each its mean shareholders arsenic of the December 10 grounds date, payable connected January 7, 2026.

The dividends would beryllium taxable to a 15 percent withholding taxation for Dutch residents. Non-Dutch nonmigratory shareholders whitethorn beryllium entitled to a afloat oregon a partial refund depending connected their circumstances.

In the 3rd 4th of the year, NXP Semiconductors NV (NASDAQ:NXPI) dropped its nett income attributable to shareholders by 12 percent to $631 cardinal from 718 cardinal successful the aforesaid play past year. Revenues were down by 2 percent to $3.17 cardinal from $3.25 cardinal year-on-year, but were wrong the company’s erstwhile outlook.

Despite the dismal performance, NXP Semiconductors NV (NASDAQ:NXPI) said that it experienced broad-based sequential betterment crossed each regions and extremity markets.

“Our outlook reflects the spot of our company-specific maturation drivers and signs of a cyclical recovery. We stay focused connected disciplined concern and portfolio enhancement to thrust profitable growth, portion maintaining power implicit the factors we tin influence,” said NXP Semiconductors NV (NASDAQ:NXPI) President and CEO Rafael Sotomayor.

While we admit the imaginable of NXPI arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.