Dividend of The Day: $0.50 dividends are now a reality for Texas Instruments Incorporated (NASDAQ:TXN) shareholders. Here’s why.

Dividend of The Day: $0.50 dividends are now a reality for Texas Instruments Incorporated (NASDAQ:TXN) shareholders. Here's why.

Texas Instruments Incorporated (NASDAQ:TXN) is expected to pay $0.50 on Nov 21, 2016. The indicated annual dividend is $2.00. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Texas Instruments Incorporated’s current price of $69.92, the dividend is 0.72%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 27, 2016. About 96,165 shares traded hands. Texas Instruments Incorporated (NASDAQ:TXN) has risen 20.93% since March 31, 2016 and is uptrending. It has outperformed by 18.41% the S&P500.

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The company has a market cap of $68.75 billion. The Firm operates through two divisions: Analog and Embedded Processing. It has a 22.21 P/E ratio. The Company’s Analog segment’s product line includes High Volume Analog & Logic , Power Management (Power), High Performance Analog (HPA) and Silicon Valley Analog (SVA).

Insitutional Activity: The institutional sentiment decreased to 0.99 in 2016 Q2. Its down 0.01, from 1 in 2016Q1. The ratio turned negative, as 60 funds sold all Texas Instruments Incorporated shares owned while 299 reduced positions. 57 funds bought stakes while 298 increased positions. They now own 856.58 million shares or 0.73% less from 862.92 million shares in 2016Q1.
Strs Ohio has 624,019 shares for 0.17% of their US portfolio. Gofen And Glossberg Ltd Liability Corp Il reported 7,254 shares or 0.02% of all its holdings. Savings Bank Of New York Mellon Corp holds 19.20 million shares or 0.37% of its portfolio. Virginia Retirement Et Al holds 276,500 shares or 0.26% of its portfolio. First American State Bank accumulated 0.07% or 12,279 shares. Commonwealth Equity has invested 0.05% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Catawba Capital Mngmt Va holds 0.34% or 22,420 shares in its portfolio. Louisiana State Employees Retirement Systems last reported 0.22% of its portfolio in the stock. Princeton Port Strategies Group Incorporated Llc, a New Jersey-based fund reported 10,650 shares. Aristotle Limited Liability holds 3.87M shares or 2.63% of its portfolio. Mount Vernon Md, a Maryland-based fund reported 14,950 shares. Federated Investors Incorporated Pa holds 0.09% or 469,957 shares in its portfolio. Garrison accumulated 62,717 shares or 2.63% of the stock. The Japan-based Mitsubishi Ufj Holdg has invested 0.26% in Texas Instruments Incorporated (NASDAQ:TXN). Brown Advisory Secs Ltd Limited Liability Company has invested 0.1% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN).

Insider Transactions: Since May 9, 2016, the stock had 0 insider purchases, and 15 selling transactions for $92.76 million net activity. CRUTCHER BRIAN T also sold $12.73M worth of Texas Instruments Incorporated (NASDAQ:TXN) on Wednesday, July 27. On Wednesday, July 27 the insider Whitaker Darla H sold $11.39 million. RITCHIE KEVIN J had sold 155,249 shares worth $8.86M. MARCH KEVIN P sold $15.17 million worth of Texas Instruments Incorporated (NASDAQ:TXN) on Wednesday, July 27. WEST TERESA L sold $13.79M worth of stock or 195,000 shares. ANDERSON STEPHEN A. had sold 103,125 shares worth $7.23 million on Monday, August 8. $1.45M worth of Texas Instruments Incorporated (NASDAQ:TXN) shares were sold by TROCHU CYNTHIA HOFF.

Texas Instruments Incorporated (NASDAQ:TXN) Ratings Coverage

Out of 22 analysts covering Texas Instruments (NASDAQ:TXN), 11 rate it a “Buy”, 2 “Sell”, while 9 “Hold”. This means 50% are positive. Texas Instruments has been the topic of 42 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating by B. Riley & Co given on Thursday, April 28. The firm has “Neutral” rating by Robert W. Baird given on Thursday, October 22. The firm has “Outperform” rating given on Tuesday, September 13 by Bernstein. On Tuesday, December 15 the stock rating was upgraded by Oppenheimer to “Outperform”. CLSA maintained Texas Instruments Incorporated (NASDAQ:TXN) rating on Tuesday, July 26. CLSA has “Underperform” rating and $70 price target. The rating was downgraded by Drexel Hamilton on Friday, August 7 to “Hold”. The firm has “Market Perform” rating given on Thursday, October 27 by Cowen & Co. UBS maintained Texas Instruments Incorporated (NASDAQ:TXN) rating on Thursday, October 22. UBS has “Buy” rating and $62.0 price target. The rating was upgraded by Bank of America to “Buy” on Tuesday, July 26. Charter Equity upgraded the shares of TXN in a report on Thursday, October 22 to “Buy” rating.

More news for Texas Instruments Incorporated (NASDAQ:TXN) were recently published by: Etfdailynews.com, which released: “Texas Instruments Boosts Dividend 32% as Q3 Results Top Expectations” on October 26, 2016. Etfdailynews.com‘s article titled: “Is Texas Instruments The Perfect Dividend Growth Play?” and published on October 25, 2016 is yet another important article.

TXN Company Profile

Texas Instruments Incorporated, incorporated on December 23, 1938, designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Firm operates through two divisions: Analog and Embedded Processing. The Firm has design, manufacturing or sales activities in over 30 countries.

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