|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||85.67 - 86.59|
|52 Week Range||66.80 - 87.24|
|PE Ratio (TTM)||21.52|
|Dividend & Yield||2.00 (2.30%)|
|1y Target Est||N/A|
Shares of chip giant Texas Instruments (TXN) are up 95 cents, or 1%, at $87, in late trading, after the company this afternoon announced it will increase its quarterly dividend to 62 cents per share per quarter, from 50 cents, a 24% increase, and will boost its buybacks by $6 billion. TI's new dividend rate is payable on November 13th, to holders of record as of October 31st. The new $6 billion allotment for buybacks adds to $4.6 billion previously authorized and still avail be to the company, TI said.
Texas Instruments Inc. shares rose in the extended session Thursday after the chip maker's board raised the quarterly dividend by 24% and added a hefty share buyback authorization. Texas Instruments shares ...
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