Texas Instruments Stock To Go Ex-dividend Tomorrow (TXN)

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, April 26, 2013. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $35.97 as of 9:30 a.m. ET, the dividend yield is 3.1%.

The average volume for Texas Instruments has been 10 million shares per day over the past 30 days. Texas Instruments has a market cap of $39.51 billion and is part of the technology sector and electronics industry. Shares are up 15.6% year to date as of the close of trading on Wednesday.

Texas Instruments Incorporated engages in the design, manufacture, sale of semiconductors to electronics designers and manufacturers worldwide. The company operates in four segments: Analog, Embedded Processing, Wireless, and Other. The company has a P/E ratio of 22.2, 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 good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Texas Instruments Ratings Report.

See our dividend calendar or top-yielding stocks list.

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