Texas Instruments (TXN) Raises Quarterly Dividend 7.8% to $1.24; 3.1% Yield
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TI to return more cash to owners with 8% dividend increase and authorization for additional $15 billion in share repurchases
September 15, 2022 4:01 PM EDTDALLAS, Sept. 15, 2022 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today said it will raise its quarterly cash dividend 8%, from $1.15 per share to $1.24, or $4.96 annualized. The higher dividend will be payable November 15, 2022, to stockholders of record on October 31, 2022, contingent upon formal declaration by the board of directors at its regular meeting in October.Â
The board of directors also authorized the company to repurchase an additional $15 billion of its common stock over time. This is in addition to approximately $8.2 billion of... More
