The Board of Directors of NXP Semiconductors approved the payment of an interim dividend and the adoption of a new share repurchase authorization in 2021.
The interim dividend is $0.5625 per common share for the first quarter of 2021 and reflects a 50% increase over the previous quarterly dividend.
The Board also approved a new $2 billion 2021 share repurchase program.
NXP has about 29,000 employees in more than 30 countries. In 2020, its revenue was $8.61 billion.