Texas Instruments (TXN) Raises Quarterly Dividend 12.7% to $1.15; 2.3% Yield

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Deutsche Bank Asks Why Texas Instruments (TXN) Isn't Returining More of its FCF Following Div. Hike News

September 16, 2021 8:59 AM EDT

Deutsche Bank analyst Ross Seymore weighed in on Texas Instruments (NASDAQ: TXN) after the company announced a "solid" 13% dividend increase. The analyst said the current rate would imply a dividend/FCF ratio of ~67%/68%. While the announcement is generally in-line expectations, the analyst notes that news fails to answer the question of why TXN hasn't returned 100% of FCF to... More