Texas Instruments Raises Quarterly Dividend to $1.36/Share
Provided by
Dow Jones
By Stephen Nakrosis
Texas Instruments on Thursday said its will raise its quarterly cash dividend to $1.36 per share from $1.30 per share.
The new dividend will be payable Nov. 12 to shareholders of record Oct. 31.
Paying $5.44 annually, the new dividend represents a dividend yield of about 2.6%, based on Texas Instruments' closing stock price of $207.74 on Thursday.
The company said the latest dividend boost marks 21 consecutive years of dividend increases. It last raised its dividend, to $1.30 per share from $1.25, in September of last year.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
September 19, 2024 16:39 ET (20:39 GMT)
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