Texas Instruments (TXN) will raise its quarterly dividend by 7.1 percent to $0.30 per share in 2013. This marks the semiconductor company's tenth consecutive year of annual dividend increases. Earlier this year the dividend was already increased by seven cents to $0.30 per share quarterly.
The next dividend is payable November 18, 2013 to shareholders of record on October 31, 2013. The ex-dividend date will be October 29, 2013.
Texas Instruments Incorporated (TI) is a global semiconductor design and manufacturing company that develops analog ICs and embedded processors. The Company's Analog segment's product line includes High Volume Analog & Logic (HVAL), Power Management (Power), High Performance Analog (HPA) and Silicon Valley Analog (SVA). The Company's Embedded Processing segment's product line includes Processor, Microcontrollers and Connectivity.