Texas Instruments Incorporated ( TXN ) will begin trading ex-dividend on July 28, 2016. A cash dividend payment of $0.38 per share is scheduled to be paid on August 15, 2016. Shareholders who purchased TXN prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that TXN has paid the same dividend. At the current stock price of $71.42, the dividend yield is 2.13%.
The previous trading day's last sale of TXN was $71.42, representing a -1.6% decrease from the 52 week high of $72.58 and a 64.22% increase over the 52 week low of $43.49.
TXN is a part of the Technology sector, which includes companies such as Intel Corporation ( INTC ) and Taiwan Semiconductor Manufacturing Company Ltd. ( TSM ). TXN's current earnings per share, an indicator of a company's profitability, is $2.97. Zacks Investment Research reports TXN's forecasted earnings growth in 2016 as 10.82%, compared to an industry average of 12.7%.
For more information on the declaration, record and payment dates, visit the TXN Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to TXN through an Exchange Traded Fund [ETF]?
The following ETF(s) have TXN as a top-10 holding:
- iShares PHLX SOX Semiconductor Sector Index Fund ( SOXX )
- PowerShares Dynamic Semiconductors ( PSI )
- VanEck Vectors Semiconductor ETF ( SMH )
- SPDR S&P Semiconductor ETF ( XSD )
- PowerShares DWA Technology Momentum Portfolio ( PTF ).
The top-performing ETF of this group is PSI with an increase of 22.74% over the last 100 days. SOXX has the highest percent weighting of TXN at 8.22%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
