dividend
confidence high
sentiment positive
materiality 0.65
TI raises dividend 8% to $1.24/quarter, authorizes additional $15B in share repurchases
TEXAS INSTRUMENTS INC
- Quarterly dividend increased 8% from $1.15 to $1.24 per share ($4.96 annualized).
- Dividend payable Nov 15, 2022 to holders of record Oct 31, 2022, contingent on board declaration.
- Board authorized $15B in new share repurchases; $8.2B remained from prior authorization at end of Q2 2022.
- 19th consecutive year of dividend increases; outstanding shares reduced 47% via repurchases since end of 2004.