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Texas Instruments board declares first quarter 2024 quarterly dividend

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Texas Instruments Incorporated (TXN) declared a quarterly cash dividend of $1.30 per share of common stock, payable on Feb. 13, 2024, to stockholders of record on Jan. 31, 2024.
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Insights

Dividend declarations are a direct reflection of a company's financial health and its commitment to shareholder returns. In the case of Texas Instruments, a quarterly cash dividend of $1.30 per share signals the company's confidence in its ongoing profitability and cash flow stability. This level of dividend could attract income-focused investors and potentially stabilize the stock price during market volatility.

However, it is essential to assess the dividend yield, which is the dividend per share divided by the stock price. If the yield is higher than the industry average, it may suggest that the company is prioritizing shareholder returns, possibly at the expense of reinvesting in growth opportunities. Conversely, a yield significantly below the industry norm could indicate undervaluation or the potential for future dividend growth.

From a market perspective, Texas Instruments' dividend declaration must be contextualized within the semiconductor industry's current trends. The industry is cyclical and demand for semiconductors can be a leading indicator of broader economic health. A consistent dividend payout amidst industry downturns can be seen as a strong signal of resilience and may differentiate Texas Instruments from its competitors.

Investors may also view this announcement as a benchmark for the sector, influencing dividend expectations for other semiconductor companies. If Texas Instruments is maintaining or increasing its dividend, it could suggest industry strength or efficient cost management, potentially impacting investor sentiment across the sector.

DALLAS, Jan. 18, 2024 /PRNewswire/ -- The board of directors of Texas Instruments Incorporated (Nasdaq: TXN) today declared a quarterly cash dividend of $1.30 per share of common stock, payable Feb. 13, 2024, to stockholders of record on Jan. 31, 2024.    

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.

TXN-G

Texas Instruments Logo. (PRNewsFoto/Texas Instruments Incorporated) (PRNewsfoto/Texas Instruments Incorporated)

 

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SOURCE Texas Instruments Incorporated

FAQ

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

Texas Instruments (TXN) declared a quarterly cash dividend of $1.30 per share of common stock.

When is the dividend payable to stockholders of Texas Instruments (TXN)?

The dividend is payable on Feb. 13, 2024, to stockholders of record on Jan. 31, 2024.

Texas Instruments Incorporated

NASDAQ:TXN

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910.14M
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2.46%
Semiconductors
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United States of America
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