Texas Instruments Stock To Go Ex-dividend Tomorrow (TXN)
The ex-dividend date for Texas Instruments (Nasdaq:TXN) is tomorrow, January 29, 2013. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $32.97 as of 9:30 a.m., the dividend yield is 2.5%.
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 tomorrow, January 29, 2013. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $32.97 as of 9:30 a.m. ET, the dividend yield is 2.5%. The average volume for Texas Instruments has been 8.4 million shares per day over the past 30 days. Texas Instruments has a market cap of $37.09 billion and is part of the technology sector and electronics industry. Shares are up 7.1% year to date as of the close of trading on Friday. 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 21.9, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Texas Instruments as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, expanding profit margins, good cash flow from operations, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Texas Instruments Ratings Report. See our dividend calendar or top-yielding stocks list. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.