3 Reasons Texas Instruments Is a Great Dividend Stock
As the year comes to a close, many dividend investors are looking to rebalance their portfolios -- especially given this volatile year in the stock market. And while buying into a tech stock to earn a dividend may not seem like the right alternative to explore given the sector's generally low percentage yield on the few companies in the sector offering dividends, semiconductor-manufacturer Texas Instruments (NASDAQ: TXN) is one company that bucks the trend.
With a 90-year history and a still significant promise for future growth, Texas Instruments is likely to maintain its streak of years of solid returns. Although traditionally known for its graphing calculators, the company's bread-and-butter is actually designing, testing, and manufacturing diverse analog and embedded components in the semiconductor industry. This includes chips, converters, amplifiers, wafers, and more. Texas Instruments boasts a large portfolio of products with a huge application base, and it follows certain precepts that prove a good match for a dividend-based portfolio.
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Source Fool.com
