Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Texas Instruments Incorporated (TXN)

Company Dividend Discount ModelIndustry: SemiconductorsSector: Technology

Valuation Snapshot

Stable Growth$43.67 - $64.26$53.56
Multi-Stage$66.48 - $72.49$69.43
Blended Fair Value$61.49
Current Price$183.73
Upside-66.53%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS9.77%13.74%5.244.984.694.253.743.292.792.301.801.58
YoY Growth--5.22%6.05%10.58%13.43%13.90%17.73%21.44%27.83%13.99%9.15%
Dividend Yield--2.92%2.88%2.52%2.31%1.98%3.29%2.57%2.21%2.23%2.75%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)5,043.00
(-) Cash Dividends Paid (M)4,949.00
(=) Cash Retained (M)94.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,008.60630.38378.23
Cash Retained (M)94.0094.0094.00
(-) Cash Required (M)-1,008.60-630.38-378.23
(=) Excess Retained (M)-914.60-536.38-284.23
(/) Shares Outstanding (M)915.25915.25915.25
(=) Excess Retained per Share-1.00-0.59-0.31
LTM Dividend per Share5.415.415.41
(+) Excess Retained per Share-1.00-0.59-0.31
(=) Adjusted Dividend4.414.825.10
WACC / Discount Rate9.91%9.91%9.91%
Growth Rate-0.17%0.83%1.83%
Fair Value$43.67$53.56$64.26
Upside / Downside-76.23%-70.85%-65.02%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)5,043.005,084.935,127.215,169.845,212.835,256.175,413.86
Payout Ratio98.14%96.51%94.88%93.25%91.63%90.00%92.50%
Projected Dividends (M)4,949.004,907.414,864.784,821.114,776.374,730.565,007.82

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.91%9.91%9.91%
Growth Rate-0.17%0.83%1.83%
Year 1 PV (M)4,420.734,465.014,509.29
Year 2 PV (M)3,947.724,027.214,107.48
Year 3 PV (M)3,524.293,631.263,740.38
Year 4 PV (M)3,145.323,273.253,405.04
Year 5 PV (M)2,806.212,949.603,098.80
PV of Terminal Value (M)43,002.8745,200.2247,486.50
Equity Value (M)60,847.1463,546.5566,347.49
Shares Outstanding (M)915.25915.25915.25
Fair Value$66.48$69.43$72.49
Upside / Downside-63.82%-62.21%-60.54%

High-Yield Dividend Screener

« Prev Page 67 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
DAB.CODanske Andelskassers Bank A/S2.24%$0.4437.84%
KBSB.MEPJSC TNS energo Kuban2.24%$17.9936.50%
002179.SZAVIC Jonhon Optronic Technology Co.,Ltd.2.23%$0.7965.31%
1083.HKTowngas Smart Energy Company Limited2.23%$0.0811.47%
192080.KSDoubleUGames Co., Ltd.2.23%$1,217.6314.93%
300791.SZSirio Pharma Co., Ltd.2.23%$0.5851.03%
603012.SSShanghai Chuangli Group Co., Ltd.2.23%$0.1354.71%
603987.SSShanghai Kindly Enterprise Development Group Co.,LTD.2.23%$0.1934.34%
6070.SRAl-Jouf Agricultural Development Co.2.23%$0.9836.81%
GCG-A.TOGuardian Capital Group Limited2.23%$1.5020.18%
IPN.PAIpsen S.A.2.23%$2.5919.16%
TYA.MIToscana Aeroporti S.p.A.2.23%$0.4242.81%
137310.KSSD BioSensor, Inc2.22%$201.4921.35%
3569.TSeiren Co.,Ltd.2.22%$68.0426.55%
601901.SSFounder Securities Co., Ltd.2.22%$0.1735.28%
603609.SSWellhope Foods Co., Ltd.2.22%$0.1675.23%
688016.SSShanghai MicroPort Endovascular MedTech Co., Ltd.2.22%$2.0365.07%
7034.KLThong Guan Industries Berhad2.22%$0.0317.13%
9436.TOkinawa Cellular Telephone Company2.22%$62.9045.77%
IEI.VImperial Equities Inc.2.22%$0.0813.05%
ISKJ.MEPublic Joint-Stock Company "Human Stem Cells Institute"2.22%$1.5289.44%
LKD.WALokum Deweloper S.A.2.22%$0.5034.19%
MEDICAB.MXMédica Sur, S.A.B. de C.V.2.22%$1.3129.76%
TKC.BKTurnkey Communication Services Public Company Limited2.22%$0.2068.90%
0696.HKTravelSky Technology Limited2.21%$0.2318.19%
183190.KSAsia Cement Co.,Ltd.2.21%$264.7821.44%
300673.SZPetpal Pet Nutrition Technology Co., Ltd.2.21%$0.4068.30%
4292.SRAtaa Educational Company2.21%$1.3066.22%
4519.TChugai Pharmaceutical Co., Ltd.2.21%$182.1975.49%
5607.TWFarglory F T Z Investment Holding Co.,Ltd.2.21%$1.0841.76%
600062.SSChina Resources Double-Crane Pharmaceutical Co.,Ltd.2.21%$0.4026.61%
603288.SSFoshan Haitian Flavouring and Food Company Ltd.2.21%$0.8269.84%
7864.TFuji Seal International, Inc.2.21%$69.4123.64%
BLES.JKSuperior Prima Sukses Tbk.2.21%$3.6028.62%
ELI.BRElia Group SA/NV2.21%$2.4830.58%
NTEK-B.STNovotek AB2.21%$1.8026.45%
SWEC-A.STSweco AB (publ)2.21%$3.2854.95%
069960.KSHyundai Department Store Co. Ltd.2.20%$1,867.6522.60%
300415.SZGuangdong Yizumi Precision Machinery Co.,Ltd.2.20%$0.5738.08%
3176.TSanyo Trading Co., Ltd.2.20%$32.8020.58%
3227.TWOPixArt Imaging Inc.2.20%$4.5234.58%
600030.SSCITIC Securities Company Limited2.20%$0.6333.43%
603345.SSAnjoy Foods Group Co., Ltd.2.20%$1.7441.75%
603693.SSJiangsu New Energy Development Co., Ltd.2.20%$0.2660.61%
6508.TMeidensha Corporation2.20%$122.7830.24%
8002.TMarubeni Corporation2.20%$95.6227.63%
9059.KLTSH Resources Berhad2.20%$0.0315.65%
JCQ.PAJacquet Metals S.A.2.20%$0.4494.90%
OLT.OLOlav Thon Eiendomsselskap ASA2.20%$7.3330.72%
001216.SZHunan Hualian China Industry Co., Ltd.2.19%$0.3841.88%