This Future Dividend Aristocrat Will Put Cash in Your Pocket
The qualifications for great dividend stocks are relatively simple. It involves a strong business that generates more cash than it knows what to do with and management that is determined to give some of that excess cash to shareholders as a "thank you" for owning a piece of the company. The trick to great dividend stocks is being a company that can keep paying and raising its dividends year after year, through good economic times and bad.
Semiconductor company Texas Instruments (NASDAQ: TXN) is showing clear signs that it has the qualifications to be a great dividend payer. The company's dividend yields a solid 2.5% at its current share price, and management has raised the payout 18 years in a row, putting it that much closer to reaching Dividend Aristocrat status. But can investors feel confident that Texas Instruments will achieve long-term dividend glory? Let's take a closer look and see if we can answer the question.
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Source Fool.com
