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Returns more cash to shareholders, authorizes additional $6.0 billion in share repurchases.
September 25, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Texas Instruments said it will raise its quarterly cash dividend by 24%, from $0.50 per share to $0.62, or $2.48 annualized. The higher dividend will be payable Nov. 13, 2017, to stockholders of record on Oct. 31, 2017, contingent upon formal declaration by the board of directors at its regular meeting in October. The board of directors also authorized the company to repurchase an additional $6.0 billion of its common stock over time. This is in addition to approximately $4.6 billion of p...
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