Texas Instruments Inc. ) said Thursday it will raise its quarterly cash dividend by 13%, from 90 cents a share to $1.02 a share. The dividend will be payable Nov. 16 to stockholders of record on Oct. 30, contingent upon a formal OK by the board of directors at its regular meeting in October. Texas Instruments said it has authorized dividend increases for 17 straight years. Shares of Texas Instruments were flat in the extended session after ending the regular trading day up 0.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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