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Texas Instruments hikes dividend 13%, more than half of free cashflow paid to stockholders

Dow Jones2021-09-16

Texas Instruments Inc. said late Wednesday its board hiked the chip maker's dividend by 13%, after announcing it has returned more than half of its free cashflow to shareholders over the past year.

The $1.15 a share quarterly dividend, up from a previous $1.02 a share, will be payable to shareholders of record as of Nov. 1 on Nov. 15. The increase, however, is "contingent upon formal declaration by the board of directors at its regular meeting in October," Texas Instruments $(TXN)$ said.

The company said that it has used 56% of its free cashflow to pay dividends to stockholders in the 12-month period ending in June. Back in July, Texas Instruments reported results that topped Wall Street estimates and a conservative outlook.

Shares rose 0.1% after hours, following a 1.2% advance to close at $197.50. Texas Instruments' stock price has risen 40% over the past 12 months, trailing the PHLX Semiconductor Index , which has grown 56%.

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Comment20

  • 步步高升升升
    ·2021-10-12
    [微笑] 
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  • Jenjorjack
    ·2021-09-16
    Wow 13%
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  • Jjjjia
    ·2021-09-16
    Like pls 
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  • MetalGuru
    ·2021-09-16
    Dividends ! 
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  • gky
    ·2021-09-16
    Like
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  • Huat Huat Ah
    ·2021-09-16
    Huat huat all
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    • rogerhmz
      ok
      2021-09-16
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  • Stchua
    ·2021-09-16
    [Smile] 
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  • kevinlaisq
    ·2021-09-16
    Pls like
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  • SmallYang
    ·2021-09-16
    Congratulations to the stockholders! ?
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  • KH77
    ·2021-09-16
    Great!
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  • Jaccvc78
    ·2021-09-16
    Nice ?
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    • koolgal
      ??
      2021-09-17
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    • fourseas
      very
      2021-09-16
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    • Bobopo
      Yes
      2021-09-16
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  • pet
    ·2021-09-16
    like pls
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  • Hiliseang
    ·2021-09-16
    Cool 
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  • iwantmoney
    ·2021-09-16
    like
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  • gnossor
    ·2021-09-16
    Wow
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  • Gundam777
    ·2021-09-16
    Wow
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  • claratan
    ·2021-09-16
    Wow ? ? 
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    • C1238
      Ok
      2021-09-16
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  • JonLucky
    ·2021-09-16
    It makes good business sense to reward the loyal patient shareholders.
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  • jazinfinity
    ·2021-09-16
    Dividends for the win!
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    • jazinfinity
      like and comment
      2021-09-16
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  • Jaccvc78
    ·2021-09-16
    Great[微笑] 
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