Kroger Raises Quarterly Dividend to $0.35, Marks 19th Year of Increases

Kroger (KR) has boosted its quarterly dividend to $0.35, marking its 19th consecutive year of increases since the dividend was reinstated in 2006. The company expects adjusted free cash flow of $2.8 billion to $3 billion for fiscal 2025 and plans to utilize this strong cash flow generation to drive long-term, sustainable earnings growth and return capital to shareholders through dividends and share repurchases.

NXP Semiconductors (NASDAQ:NXPI), a leading supplier of chips for automotive, industrial, IoT, and mobile applications, reported mixed financial results for the second quarter ended June 29, 2025. The company's revenue reached $2.93 billion, surpassing both guidance and analyst estimates but declining 6% from the prior year [1]. Key highlights include a 20.6% increase in adjusted free cash flow to $696 million, with a $257 million dividend paid during the quarter.

Revenue from the automotive segment stabilized year over year, halting five quarters of declines. The Industrial & IoT segment earned $546 million, down 11% year-over-year but up 7% sequentially. The Mobile segment remained a smaller and declining part of NXP’s mix, down 4% year-over-year to $331 million. The Communications Infrastructure & Other segment reported $320 million, decreasing sharply by 27% year-on-year.

NXP's strategic milestones in automotive played a prominent role in the quarter. The company launched the S32R47 imaging radar processor, which supports advanced driver-assistance and offers up to twice the processing power over its prior version. Additionally, NXP completed its acquisition of TTTech Auto, a specialist in automotive safety systems and middleware for software-defined vehicles. A partnership with Rimac Technology aims to co-develop a software-defined vehicle architecture for advanced automotive domain and zonal control functions.

Looking ahead, NXP expects GAAP revenue between $3.05 and $3.25 billion for Q3 2025, with the midpoint implying an 8% sequential increase in revenue guidance but a 6% decrease in GAAP revenue compared to the same quarter last year. The non-GAAP operating margin is expected to reach 33.7% for Q3 2025. Non-GAAP EPS is predicted at $3.10 for Q3 2025. Management noted the Q3 2025 forecast reflects an "emerging cyclical improvement" in the company’s main markets, though it emphasized ongoing market uncertainty.

References:
[1] https://www.nasdaq.com/articles/nxp-semiconductors-free-cash-flow-jumps