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Texas Instruments board declares third quarter 2020 quarterly dividend

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dividends earnings

Rhea-AI Summary

Texas Instruments has declared a quarterly cash dividend of $0.90 per share, payable on August 17, 2020. Stockholders must be on record by July 31, 2020 to receive the dividend. The company continues its commitment to delivering value to shareholders as a leading semiconductor firm, focusing on innovation across various industries including automotive and personal electronics.

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Positive

  • Quarterly cash dividend of $0.90 demonstrates commitment to shareholder returns.

Negative

  • None.

News Market Reaction – TXN

+1.29%
+1.29% Session move

In the trading session that priced this news, TXN gained 1.29%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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DALLAS, July 16, 2020 /PRNewswire/ -- The board of directors of Texas Instruments Incorporated (Nasdaq: TXN) today declared a quarterly cash dividend of $0.90 per share of common stock, payable August 17, 2020, to stockholders of record on July 31, 2020.    

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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"Cision" View original content:http://www.prnewswire.com/news-releases/texas-instruments-board-declares-third-quarter-2020-quarterly-dividend-301095089.html

SOURCE Texas Instruments Incorporated

FAQ

What is the Texas Instruments dividend amount for Q3 2020?

Texas Instruments declared a dividend of $0.90 per share.

When will Texas Instruments pay the Q3 2020 dividend?

The dividend will be paid on August 17, 2020.

What is the record date for the Texas Instruments Q3 2020 dividend?

The record date for the dividend is July 31, 2020.

How frequently does Texas Instruments pay dividends?

Texas Instruments typically pays dividends quarterly.

Is the Texas Instruments dividend sustainable?

The sustainability of the dividend can be evaluated based on the company's financial performance and cash flow.