If You'd Invested $10,000 in Texas Instruments in 2004, This Is How Much You Would Have Today
Texas Instruments (NASDAQ: TXN) has raised its dividend every year since 2004. Between 2004 and 2021, the diversified chipmaker also grew its free cash flow (FCF) per share by an average of 12% annually while reducing its number of outstanding shares by 46%.
If you had invested $10,000 in TI at the beginning of 2004, your shares would be worth about $52,000 today. If you had reinvested your dividends as well, your investment would now be worth more than $75,000. Let's see why TI generated such consistent returns over the past 18 years, and if it will remain a reliable blue chip stalwart for the foreseeable future.
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Source Fool.com
