Texas Instruments Incorporated (TXN) will raise its quarterly dividend by 11.8 percent to $0.38 per share in 2015. This marks the company's 12th consecutive year of annual dividend increases. TXN also hiked its dividend by double digits in each of the last 4 years.

The next dividend is payable November 16, 2015 to shareholders of record on October 30, 2015. The ex-dividend date will be October 28, 2015.

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.