TXN - Texas Instruments: Shareholder Friendly And Dishing Out The Chips
For almost a decade now Texas Instruments (TXN) has focused on analog and embedded products for the industrial and automotive markets. That's because TXN felt like focusing on the best products and the best markets for its semiconductors would enable it deliver excellent returns. Last year it delivered for shareholders: for full-year 2019 the company the company generated free-cash-?ow of $5.8 billion (40% of revenue), and returned $6.0 billion to shareholders in the form of dividends (the quarterly dividend increased 17% - the 16th straight year of dividend increases) and shareholder buybacks. In