Texas Instruments board declares first quarter 2023 quarterly dividend

The board of directors of Texas Instruments (Nasdaq: TXN) announced a quarterly cash dividend of $1.24 per share.

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Rhea-AI Summary

The board of directors of Texas Instruments (Nasdaq: TXN) announced a quarterly cash dividend of $1.24 per share. This dividend is payable on February 14, 2023, to shareholders of record as of January 31, 2023. Texas Instruments is renowned for its semiconductor solutions across various sectors, including industrial and automotive. The company's ongoing commitment to innovation and efficiency highlights its role in making electronics more accessible.

Positive

Quarterly cash dividend of $1.24 per share announced.
Dividend payment scheduled for February 14, 2023, indicating strong cash flow.

Negative

None.

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News Market Reaction – TXN

The recorded move for TXN in the trading session of this news was +1.21%.

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01/19/2023 - 04:03 PM

DALLAS, Jan. 19, 2023 /PRNewswire/ -- The board of directors of Texas Instruments Incorporated (Nasdaq: TXN) today declared a quarterly cash dividend of $1.24 per share of common stock, payable Feb. 14, 2023, to stockholders of record on Jan. 31, 2023.

About Texas Instruments

Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, tests and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. Our passion to create a better world by making electronics more affordable through semiconductors is alive today, as each generation of innovation builds upon the last to make our technology smaller, more efficient, more reliable and more affordable – making it possible for semiconductors to go into electronics everywhere. We think of this as Engineering Progress. It's what we do and have been doing for decades. Learn more at TI.com.

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