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 has now raised its dividend 19 straight years | image: dividendhike.com
Texas Instruments has now raised its dividend 19 straight years | image: dividendhike.com

On September 15, 2022, Texas Instruments Incorporated (TXN) announced that it will raise its quarterly dividend by 7.8 percent to $1.24 per share. This marks 19 consecutive years of dividend growth by the semiconductor company and follows a dividend hike of 12.7 percent to $1.15 per share in 2021. 

The higher TXN dividend will be payable November 15, 2022, to stockholders of record on October 31, 2022, contingent upon formal declaration by the board of directors at its regular meeting in October. The board of directors also authorized the company to repurchase an additional $15 billion of its common stock over time. This is in addition to approximately $8.2 billion of previously authorized repurchases that remained at the end of June 2022.

Texas Instruments (TXN) Dividend history & statistics
Company name Texas Instruments Inc
Ticker symbol TXN
ISIN-code US8825081040
company website https://www.ti.com/
Sector Information Technology
Business Semiconductors
Dividend paid since 1962
Track record (years increased) 19
Payment Frequency Quarterly dividend
Dividend growth: 5 year average 14.9%
Next dividend per share $1.24
Annual dividend per share $4.96
Dividend yield* 3.0%
Stock price* $162.67
YTD Total Return* -12.0%
Next ex-dividend date October 28, 2022
Next payment date November 15, 2022
Market cap (in $B)* 148.63
Total dividend (in $B) 4.53
© www.dividendhike.com *As of September 15, 2022

A new annual dividend rate of $4.96 per share yields 3.0% to TXN shareholders at a stock price of $163. The next ex-dividend date for the increased quarterly dividend of $1.24 per share is October 28, 2022.

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

Look at the complete list of upcoming events
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%