Texas Instruments (TXN) will raise its quarterly dividend by 13.3 percent to $0.34 per share in 2014. This marks the company's 11th consecutive year of annual dividend increases. TXN has raised its dividend by double digits in each of the last three years.
The next dividend is payable November 17, 2014 to shareholders of record on October 31, 2014. The ex-dividend date will be October 29, 2014.
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.