Texas Instruments As of September 23, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
TXN $4.96 7.8% 12.7% 13.3%
Business yield Hike yrs 5 yr CAGR freq. paid since
Semiconductors 3.1% N/A N/A Quarter N/A
Texas Instruments hikes dividend by 12.7%

Texas Instruments Incorporated (TXN) will raise its quarterly dividend by 12.7 percent to $1.15 per share in 2021. This follows a dividend hike of 13.3 percent in 2020 and marks the 18th consecutive year of dividend increases in a row by TXN.

The higher TXN dividend will be payable November 15, 2021, to stockholders of record on November 1, 2021, contingent upon formal declaration by the board of directors at its regular meeting in October. The company states that this dividend increase is an integral piece of TI's disciplined approach to capital management and reflects the company's continued strength in free cash flow generation and its commitment to return excess cash to stockholders. In the 12-month period ending June 2021, TI has paid 56% of its free cash flow in dividends. A new annual dividend rate of $4.60 per share yields 2.3% at a stock price of $198.

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. Texas Instruments has paid uninterrupted dividends to its shareholders since it declared its first dividend in April 1962.

Dividend Calendar

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Ex-date Ticker Yield YTD hike
Sep 30 PKG 4.4% 0.0%
Sep 30 O 4.8% 0.6%
Sep 30 STT 4.0% 10.5%
Sep 30 RJF 1.3% 0.0%
Sep 30 CAH 3.0% 1.0%
Sep 30 VTR 4.1% 0.0%
Sep 30 APD 2.8% 8.0%
Sep 30 RSG 1.3% 0.0%
Oct 03 A 0.7% 0.0%
Oct 03 DG 0.9% 31.0%