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%.
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%.