TXN with a 5% dividend increase
$Texas Instruments(TXN)$ TXN with a 5% dividend increase
it will raise its quarterly cash dividend 5%, from $1.24 per share to $1.30, or $5.20 annualized. The higher dividend will be payable November 14, 2023, to stockholders of record on October 31, 2023.
Today's announcement marks 20 consecutive years of dividend increases.
TXN Cash flow
Not really a surprise that it was not a double digit dividend increase
Image
TXN Capex will be a burden on FCF and the ability to keep delivering double digit dividend growth
Capex: 1Q run rate ~$4 B
TTM $3.3 B
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
