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Texas Instruments board declares second quarter 2024 quarterly dividend

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Texas Instruments (TXN) announces a quarterly cash dividend of $1.30 per share for the second quarter of 2024, payable on May 21, 2024, to stockholders of record on May 8, 2024.
Texas Instruments (TXN) annuncia un dividendo trimestrale in contanti di $1,30 per azione per il secondo trimestre del 2024, che sarà pagabile il 21 maggio 2024 ai detentori di record al 8 maggio 2024.
Texas Instruments (TXN) anuncia un dividendo en efectivo trimestral de $1.30 por acción para el segundo trimestre de 2024, pagadero el 21 de mayo de 2024 a los accionistas registrados el 8 de mayo de 2024.
텍사스 인스트루먼츠(TXN)는 2024년 2분기에 주당 $1.30의 현금 배당을 발표하며, 2024년 5월 8일에 기록된 주주들에게 2024년 5월 21일에 지급될 예정입니다.
Texas Instruments (TXN) annonce un dividende trimestriel en espèces de 1,30 $ par action pour le deuxième trimestre de 2024, payable le 21 mai 2024 aux actionnaires inscrits le 8 mai 2024.
Texas Instruments (TXN) kündigt eine vierteljährliche Barausschüttung von $1,30 pro Aktie für das zweite Quartal 2024 an, zahlbar am 21. Mai 2024 für im Aktienregister eingetragene Aktionäre am 8. Mai 2024.
Positive
  • Texas Instruments (TXN) declares a dividend of $1.30 per share for Q2 2024.
  • The dividend is payable on May 21, 2024, to stockholders of record on May 8, 2024.
Negative
  • None.

Dividend declarations are a signal of a company's financial health, providing investors with insights into the firm's stability and profitability. Texas Instruments' announcement of a $1.30 quarterly dividend suggests confidence in its ability to generate consistent cash flows. When assessing the dividend yield, it is important to compare it with the industry average to gauge attractiveness to income-focused investors. Furthermore, it would be prudent to analyze the company's payout ratio to ensure dividends are well-covered by earnings, ensuring sustainability.

Moreover, this consistent return to shareholders can be indicative of limited growth opportunities, as the firm might opt to return capital to shareholders rather than reinvesting in the business for growth. This is a facet that growth-oriented investors may need to consider. The announced dividend might also affect the stock's ex-dividend date, typically resulting in a decrease in share price equivalent to the dividend amount.

Dividends are often interpreted as a reflection of a company's market position and maturity. In the semiconductor industry, where Texas Instruments operates, maintaining a healthy dividend could signify operational efficiency and a competitive moat. It is imperative to compare this dividend declaration with past distributions to understand the trend and to predict future dividend stability and potential growth.

From a market sentiment perspective, such announcements can foster investor loyalty and potentially attract new shareholders looking for reliable income streams. However, the choice of investing in a company should not be solely based on dividend payments but also on a comprehensive analysis of market trends, technology advancements and sector-specific challenges such as supply chain disruptions or regulatory changes.

DALLAS, April 25, 2024 /PRNewswire/ -- The board of directors of Texas Instruments Incorporated (Nasdaq: TXN) today declared a quarterly cash dividend of $1.30 per share of common stock, payable May 21, 2024, to stockholders of record on May 8, 2024.    

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.

TXN-G

Texas Instruments Logo. (PRNewsFoto/Texas Instruments Incorporated) (PRNewsfoto/Texas Instruments Incorporated)

 

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SOURCE Texas Instruments Incorporated

FAQ

What dividend did Texas Instruments (TXN) declare for the second quarter of 2024?

Texas Instruments (TXN) declared a quarterly cash dividend of $1.30 per share.

When is the dividend payable for Texas Instruments (TXN) shareholders of record in Q2 2024?

The dividend is payable on May 21, 2024.

When do stockholders need to be on record to receive the dividend declared by Texas Instruments (TXN) in Q2 2024?

Stockholders need to be on record by May 8, 2024, to receive the dividend.

Texas Instruments Incorporated

NASDAQ:TXN

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170.31B
907.11M
0.22%
89.04%
2.06%
Semiconductor and Related Device Manufacturing
Manufacturing
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United States of America
DALLAS

About TXN

Texas Instruments Incorporated is an American technology company headquartered in Dallas, Texas, that designs and manufactures semiconductors and various integrated circuits, which it sells to electronics designers and manufacturers globally.