Thursday, September 21st the Board of Directors of Texas Instruments Incorporated (TXN) announced that it will raise its quarterly dividend from $1.24 to $1.30 per share that’s payable November 14, 2023 to holders of record October 31, 2023. This represents a 4.84% increase over the last quarterly dividend. That announcement marks 20 consecutive years of dividend increases.
With current price $158.14 (today's open), this raise brings their dividend yield to 3.29%.