Texas Instruments Incorporated
TXN22 yrs growthTechnology · Stock · quarterly payer
Forward Yield
2.00%
Annual Dividend
$5.68
Payout Ratio
95%
5-Yr Growth
8.1%
Ex-Date
Jul 31, 2026
Frequency
Quarterly
Summary
As of July 2026, Texas Instruments Incorporated (TXN) yields 2.00% ($5.68 per share annually), with a blended fair-value estimate of $134.04 — -53% downside, so it screens as overvalued. Dividend safety grade: A (89/100). 22 years of dividend growth.
Is TXN a good dividend stock?
YesTexas Instruments Incorporated (TXN) pays a quarterly dividend yielding 2.00% ($5.68/yr), with 22 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 22 consecutive years of dividend growth
- Never cut its dividend on record
- Strong 8.1% 5-yr dividend growth
- 49% total price return over 5 years
- Top-tier dividend safety score
Risks
- Elevated payout ratio (95%)
Key Data
- Dividend Yield
- 2.00%
- Payout Ratio
- 95%
- Annual Dividend
- $5.68
- 5-Yr Avg Growth
- 8.1%
- Ex-Dividend Date
- Jul 31, 2026
- Years of Growth
- 22
- Frequency
- quarterly
- Beta
- 1.31
- Market Cap
- $258.5B
- P/E Ratio
- 48.6
- 5-Yr Total Return
- 49%
- 52-Week Range
- $152.73 – $334.03
- Dividend Safety
- A · 89/100
- Ever Cut?
- No
Frequently Asked Questions
TXN Price — Last 12 Months
Daily close
Price Return
1 Year
+40%
3 Years
+69%
5 Years
+49%
52-Week Range
$152.73 – $334.03
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TXN worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Texas Instruments Incorporated is $134.04 per share, versus a market price of $284.02. That implies 53% of downside.
Fair Value
$134.04
Current Price
$284.02
Downside
-53%
Margin of Safety
-112%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 11.8% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.8% discount rate (CAPM), 11.8% stage-1 growth, 2.5% terminal growth, $5.85 EPS, $5.68 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TXN Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 5, 2026 | — | $1.4200 | regular |
| Jan 30, 2026 | — | $1.4200 | regular |
| Oct 31, 2025 | — | $1.4200 | regular |
| Jul 31, 2025 | — | $1.3600 | regular |
| Apr 30, 2025 | — | $1.3600 | regular |
| Jan 31, 2025 | — | $1.3600 | regular |
| Oct 31, 2024 | — | $1.3600 | regular |
| Jul 31, 2024 | — | $1.3000 | regular |
| May 7, 2024 | — | $1.3000 | regular |
| Jan 30, 2024 | — | $1.3000 | regular |
| Oct 30, 2023 | — | $1.3000 | regular |
| Jul 28, 2023 | — | $1.2400 | regular |
| May 5, 2023 | — | $1.2400 | regular |
| Jan 30, 2023 | — | $1.2400 | regular |
Income Calculator
At $5.68 / yr per share
