Texas Instruments Lifts Quarterly Dividend 7% to $1.52, Its 23rd Straight Annual Increase

Texas Instruments raised its quarterly dividend 7% to $1.52 per share, its 23rd consecutive annual increase, with shares going ex-dividend on the payment on October 31, 2026. 247wallst reported the raise, which works out to an annualized forward dividend of $6.08 per share and a yield of 1.83%.

Texas Instruments Ties Payout to Free Cash Flow

Texas Instruments designs and manufactures analog integrated circuits and embedded processors for industrial, automotive, data center, communications and consumer customers, according to company records. The Dallas company was founded in 1958.

Chief Financial Officer Rafael Lizardi said the raise "reflects our continued commitment to return all free cash flow to owners over time." Trailing 12-month free cash flow was $8.4 billion on $9.9 billion of operating cash flow, and the forward dividend equals roughly 78.9% of trailing earnings per share of $7.71.

Texas Instruments holds $8.1 billion in cash and short-term investments against $13.65 billion of debt with a weighted average coupon of 4.11%. Management expects 2026 capital spending of $2 billion to $3 billion as its 300mm factory expansion winds down. Chief Executive Officer Haviv Ilan calls "the long-term growth of free cash flow per share" the company's best measure of value.

The article also ranks Broadcom among tech income stocks. Broadcom raised its quarterly payout from $0.59 to $0.65, about 10.2%, and paid $3.1 billion in dividends in a quarter when free cash flow reached a record $13.7 billion. Broadcom's AI chip revenue hit $16.7 billion, up 221% year-over-year, and management guided fourth-quarter revenue to $34.8 billion.

Texas Instruments' Recent Deal and Funding Records

Texas Instruments announced in February 2026 the acquisition of Silicon Labs for $231 per share in an all-cash transaction valued at approximately $7.5 billion, according to akta.pro company records. The same records list a July 2026 grant of $33.6 million led by the Texas Semiconductor Innovation Fund and a December 2024 grant of $1.6 billion led by the U.S. Department of Commerce.

Industrial Growth and Robot Chip Content

Texas Instruments and NXP Semiconductors reported 40-50% year-over-year growth in their industrial businesses during third-quarter 2026 earnings calls, citing AI data-center construction and robotics, DIGITIMES Asia reported on October 30, 2026. On October 22, 2026, DIGITIMES Asia reported that the company's analog recovery had broadened and that its 12-inch wafer capacity buildout was lifting margins. Texas Instruments said on October 21, 2026 that it expects each humanoid robot to contain $500 to $1,000 in chips, Crypto Briefing reported.

What Comes Next for Texas Instruments

Texas Instruments guides second-quarter 2026 revenue to $5.0 billion to $5.4 billion, and it expects robotics production to increase in 2027.