Texas Instruments (TXN) Raises Quarterly Dividend 13.3% to $1.02; 2.9% Yield

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Go back to Texas Instruments (TXN) Raises Quarterly Dividend 13.3% to $1.02; 2.9% Yield

TI to return more cash to shareholders with 13% dividend increase

September 17, 2020 4:01 PM EDT

DALLAS, Sept. 17, 2020 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today said it will raise its quarterly cash dividend 13%, from $0.90 per share to $1.02, or $4.08 annualized. The higher dividend will be payable November 16, 2020, to stockholders of record on October 30, 2020, contingent upon formal declaration by the board of directors at its regular meeting in October.   

This dividend increase is an integral piece of TI's disciplined approach to capital management and reflects the company's continued strength in free cash flow generation and its commitment to return excess cash to stockholders. In the... More