Texas Instruments board declares fourth quarter 2024 quarterly dividend

Rhea-AI Summary

The board of directors of Texas Instruments Incorporated (Nasdaq: TXN) has declared a quarterly cash dividend of $1.36 per share of common stock. This dividend will be payable on November 12, 2024, to stockholders of record as of October 31, 2024. The announcement was made on October 17, 2024, demonstrating the company's commitment to returning value to its shareholders through regular dividend payments.

Positive

• Consistent dividend payment indicates financial stability
• Quarterly dividend of $1.36 per share provides income for shareholders

Negative

• None.

Insights

Financial Analyst

Texas Instruments' (TXN) dividend declaration is a significant event for investors. The $1.36 per share quarterly dividend represents a continuation of the company's commitment to shareholder returns. This payout is consistent with TXN's history of reliable dividends, which is particularly attractive in the semiconductor sector known for its cyclicality.

For context, TXN's dividend yield is notably higher than many of its peers in the tech sector. This steady income stream can be especially appealing to value and income-focused investors. The ex-dividend date of Oct. 31, 2024, is important for investors looking to qualify for this payment.

While dividend announcements are generally positive, it's important to note that TXN's ability to maintain or grow this dividend will depend on its future financial performance and cash flow generation. Investors should monitor TXN's upcoming earnings reports and industry trends to assess the sustainability of these payouts in the long term.

DALLAS, Oct. 17, 2024 /PRNewswire/ -- The board of directors of Texas Instruments Incorporated (Nasdaq: TXN) today declared a quarterly cash dividend of $1.36 per share of common stock, payable Nov. 12, 2024, to stockholders of record on Oct. 31, 2024.    

About Texas Instruments

Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com.

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SOURCE Texas Instruments Incorporated

FAQ

What is the amount of Texas Instruments' (TXN) quarterly dividend for Q4 2024?

Texas Instruments (TXN) declared a quarterly cash dividend of $1.36 per share of common stock for the fourth quarter of 2024.

When will Texas Instruments (TXN) pay its Q4 2024 dividend?

Texas Instruments (TXN) will pay its fourth quarter 2024 dividend on November 12, 2024.

What is the record date for Texas Instruments' (TXN) Q4 2024 dividend?

The record date for Texas Instruments' (TXN) fourth quarter 2024 dividend is October 31, 2024.

When did Texas Instruments (TXN) announce its Q4 2024 dividend?

Texas Instruments (TXN) announced its fourth quarter 2024 dividend on October 17, 2024.