Background: Texas Instruments, Inc. is a global semiconductor company and one of the world's leading designers and suppliers of digital signal processors and analog integrated circuits. Other semiconductor products include standard logic, application-specific integrated circuits, reduced instruction-set computing microprocessors, microcontrollers and digital imaging devices. TI may be best known for making calculators so advanced, most people have no clue how to operate them.
52-Week Range: $26.06 to $34.24Book Value: $10.17 Price-to-Book Ratio: 2.9 Earnings Payout Percentage: 44%
The company currently pays 84 cents per share in dividends for a yield of 2.8%. Not quite 3%, but based on Texas Instrument's history of dividend increases (including 2009 when many companies cut back), and current low payout rate, 3% may be in the near future. Shares have traded slightly lower in the last month of trading. Shares are near even from a month ago. Let the shares come in a little more and don't chase TI; an entry below $30 is best. Most of the analysts -- 26 out of 44 -- give this stock a hold rating. Fourteen rate it a buy, and four rate it a sell. TI's short interest as a percentage of float is inconsequential at 2.3%. TXN Payout Ratio TTM data by YCharts