NXP Semiconductors (NXPI) Surges 8% Ahead of Ex-Dividend Date
NXP Semiconductors (NXPI) surged 7.95% ahead of its ex-dividend date, with investors loading up on shares to be eligible for a quarterly dividend payment of $1.014 per share. Despite a 12% drop in net income and a 2% decline in revenues in the third quarter year-over-year, the company reported broad-based sequential improvement and anticipates cyclical recovery. CEO Rafael Sotomayor emphasized disciplined investment and portfolio enhancement for profitable growth.
https://www.insidermonkey.com/blog/nxp-semiconductors-nxpi-surges-8-ahead-of-ex-dividend-date-1654482/