Is Texas Instruments' 24% Dividend Increase Too Extreme?
There are dividend raises, and there are dividend raises. Texas Instruments' (NASDAQ: TXN) latest hike falls squarely into the second category -- the veteran analog chipmaker announced a nearly 24% increase in its payout, while also launching a fresh $6 billion share buyback program.
Texas Instruments likes its Texas-sized dividend raises. Its latest one is more than twice as high as the most recent rises from dividend-paying tech giants Cisco (NASDAQ: CSCO) and Microsoft (NASDAQ: MSFT). Does that mean this boost is too much? Here's what I think.
Image source: Texas Instruments.
Source: Fool.com
Microsoft Corp. Stock
€422.50
-1.250%
The stock is one of the favorites of our community with 149 Buy predictions and 4 Sell predictions.
With a target price of 500 € there is a slightly positive potential of 18.34% for Microsoft Corp. compared to the current price of 422.5 €.
