Texas Instruments plans to raise its quarterly cash dividend 10 percent. TI’s new quarterly dividend rate will be $0.11 per share, resulting in annual dividend payments of $0.44 per share. TI’s current quarterly dividend rate is $0.10 per share.
The company said this marks the fifth consecutive year it has increased its dividend rate. The company has paid dividends to its shareholders on an uninterrupted basis since June 1, 1962.http://www.ti.com
