Worth Watching News for Traders: Texas Instruments Incorporated (NASDAQ:TXN)

Texas Instruments Incorporated (NASDAQ:TXN) changed -0.37% to recent value of $128.83. The stock transacted 2608080 shares during most recent day however it has an average volume of 4550.8K shares. It spotted trading -1.60% off 52-week high price. On the other end, the stock has been noted 46.90% away from the low price over the last 52-weeks.

 On Sept. 19, 2019, Texas Instruments Incorporated (NASDAQ:TXN) said it will raise its quarterly cash dividend by 17%, from $0.77 per share to $0.90, or $3.60 annualized. The higher dividend will be payable November 18, 2019, to stockholders of record on October 31, 2019, contingent upon formal declaration by the board of directors at its regular meeting in October.

This dividend increase is an integral piece of TI’s capital management strategy and reflects the company’s continued strength in free cash flow generation and its commitment to return excess cash to stockholders. In the 12-month period ending June 2019, TI has paid 47% of its free cash flow in dividends.

TI has a proven track record of returning cash to its shareholders. ‘s announcement marks 16 consecutive years of dividend increases. In addition, as of second quarter 2019, the company has reduced its outstanding shares by 46% through its consistent share repurchases since the end of 2004.

 TXN has a gross margin of 64.50% and an operating margin of 41.60% while its profit margin remained 34.70% for the last 12 months. Its earnings per share (EPS) expected to touch remained 51.40% for this year while earning per share for the next 5-years is expected to reach at 10.00%.

 The company has 938.01M of outstanding shares and 930.85M shares were floated in the market. According to the most recent quarter its current ratio was 3 that represents company’s ability to meet its current financial obligations. The price moved ahead of 2.43% from the mean of 20 days, 4.44% from mean of 50 days SMA and performed 16.54% from mean of 200 days price. Company’s performance for the week was -1.07%, 3.64% for month and YTD performance remained 36.33%.

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