TI Doubles Dividend - TheStreet

TI Doubles Dividend

The company has raised its dividend four times in four years.
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Texas Instruments (TXN) - Get Report doubled its regular quarterly dividend to 8 cents -- its fourth dividend increase in four years.

The next dividend is payable May 21 to stockholders of record on April 30, 2007. Texas Instruments reports about 1.44 billion shares outstanding.

Shares of Texas Instruments closed Wednesday up 64 cents, or 2%, to $31.95.