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Texas Instruments (Texas Instruments) Dividend Payout Ratio

: 0.87 (As of Dec. 2023)
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Texas Instruments's dividend payout ratio for the months ended in Dec. 2023 was 0.87.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Texas Instruments Inc is 0.71, which seems too high.

The historical rank and industry rank for Texas Instruments's Dividend Payout Ratio or its related term are showing as below:

TXN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.49   Max: 0.71
Current: 0.71


During the past 13 years, the highest Dividend Payout Ratio of Texas Instruments was 0.71. The lowest was 0.44. And the median was 0.49.

TXN's Dividend Payout Ratio is ranked worse than
64.4% of 455 companies
in the Semiconductors industry
Industry Median: 0.46 vs TXN: 0.71

As of today (2024-04-19), the Dividend Yield % of Texas Instruments is 3.17%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Texas Instruments was 3.47%. The lowest was 1.81%. And the median was 2.41%.

Texas Instruments's Dividends per Share for the months ended in Dec. 2023 was $1.30.

During the past 12 months, Texas Instruments's average Dividends Per Share Growth Rate was 7.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 18.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Texas Instruments was 59.90% per year. The lowest was -7.20% per year. And the median was 17.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Texas Instruments Dividend Payout Ratio Historical Data

The historical data trend for Texas Instruments's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Texas Instruments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.60 0.50 0.49 0.71

Texas Instruments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.67 0.66 0.67 0.87

Competitive Comparison

For the Semiconductors subindustry, Texas Instruments's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Texas Instruments Dividend Payout Ratio Distribution

For the Semiconductors industry and Technology sector, Texas Instruments's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Texas Instruments's Dividend Payout Ratio falls into.



Texas Instruments Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Texas Instruments's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=5.02/ 7.07
=0.71

Texas Instruments's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.3/ 1.49
=0.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Texas Instruments (NAS:TXN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Texas Instruments Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Texas Instruments's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Texas Instruments (Texas Instruments) Business Description

Address
12500 TI Boulevard, Dallas, TX, USA, 75243
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
Executives
Ronald Kirk director TEXAS INSTRUMENTS INCORPORATED, 12500 TI BOULEVARD MS 3999, DALLAS TX 75243
Carrie Smith Cox director SCHERING-PLOUGH CORPORATION, 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Pamela H Patsley director 53 SOUTH AVENUE, BULINGTON MA 01803
Curtis C Farmer director 1717 MAIN STREET, MC 6404, DALLAS TX 75201
Ahmad Bahai officer: Sr. Vice President 2900 SEMICONDUCTOR DRIVE, M/S G1-1160, SANTA CLARA CA 95051
Mark A Blinn director 5215 N. O'CONNOR BLVD., SUITE 2300, IRVING TX 75039
Janet F Clark director
Mark T. Roberts officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Kyle M Flessner officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Mark Gary officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Robert E Sanchez director 11690 N.W. 105TH STREET, MIAMI FL 33178
Hagop H Kozanian officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Shanon J Leonard officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Amichai Ron officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Richard K Templeton director, officer: President & CEO 12500 TI BOULEVARD, DALLAS TX 75243

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