Texas Instruments board declares first quarter 2021 quarterly dividend

Rhea-AI Summary

The board of directors of Texas Instruments (Nasdaq: TXN) has declared a quarterly cash dividend of $1.02 per share, payable on February 8, 2021, to stockholders of record on February 1, 2021. This dividend reflects Texas Instruments' ongoing commitment to return value to its shareholders, reinforcing its position as a stable investment within the semiconductor industry.

Positive

• Quarterly cash dividend declared at $1.02 per share indicating strong shareholder returns.

Negative

• None.

DALLAS, Jan. 21, 2021 /PRNewswire/ -- The board of directors of Texas Instruments Incorporated (Nasdaq: TXN) today declared a quarterly cash dividend of $1.02 per share of common stock, payable February 8, 2021, to stockholders of record on February 1, 2021.    

About Texas Instruments

Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, tests and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. Our passion to create a better world by making electronics more affordable through semiconductors is alive today, as each generation of innovation builds upon the last to make our technology smaller, more efficient, more reliable and more affordable – making it possible for semiconductors to go into electronics everywhere. We think of this as Engineering Progress. It's what we do and have been doing for decades. Learn more at TI.com.

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SOURCE Texas Instruments Incorporated

FAQ

What is the dividend amount declared by Texas Instruments (TXN)?

Texas Instruments declared a quarterly cash dividend of $1.02 per share.

When is the dividend payment date for Texas Instruments (TXN)?

The dividend payment date is February 8, 2021.

Who are the stockholders of record for Texas Instruments (TXN)?

Stockholders of record are those on the books as of February 1, 2021.

How often does Texas Instruments (TXN) pay dividends?

Texas Instruments typically pays dividends quarterly.

Is the dividend by Texas Instruments (TXN) sustainable?

The sustainability of dividends will depend on Texas Instruments' ongoing financial performance.