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Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Texas Instruments (Nasdaq: TXN) is Monday, October 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $28.12 as of 9:30 a.m. ET, the dividend yield is 3%. The average volume for Texas Instruments has been 8.8 million shares per day over the past 30 days. Texas Instruments has a market cap of $31.52 billion and is part of the technology sector and electronics industry. Shares are down 3.4% year to date as of the close of trading on Thursday. Texas Instruments Incorporated engages in the design and sale of semiconductors to electronics designers and manufacturers worldwide. The company has a P/E ratio of 20.2, above the average electronics industry P/E ratio of 18.1 and above the S&P 500 P/E ratio of 17.7.