|Bid||154.00 x 900|
|Ask||156.32 x 900|
|Day's range||152.49 - 156.12|
|52-week range||149.10 - 202.26|
|Beta (5Y monthly)||0.94|
|PE ratio (TTM)||17.85|
|Earnings date||19 Jul 2022 - 25 Jul 2022|
|Forward dividend & yield||4.60 (3.00%)|
|Ex-dividend date||06 May 2022|
|1y target est||190.46|
When companies reach a level of cash generation where they can't find enough things in-house to invest in, they tend to do one of two things with it: Pay out a dividend to shareholders or buy back stock in the company. For example, since the 1940s, dividends have accounted for 40% of the stock market's total return to shareholders. It literally pays to buy and hold great dividend stocks.
Texas Instruments (TXN) closed the most recent trading day at $152.60, moving -0.56% from the previous trading session.
Many high-growth tech stocks have been routed this year as rising interest rates have driven investors toward more conservative sectors. Today I'll examine three income-generating tech stocks which fit that description -- Oracle (NYSE: ORCL), Texas Instruments (NASDAQ: TXN), and Broadcom (NASDAQ: AVGO) -- and explain why they're still worth buying in June as the U.S. teeters on the brink of a recession. A few years ago, Oracle resembled IBM (NYSE: IBM): an aging enterprise software company that was trying to offset the sluggish sales of its legacy on-site products by expanding its higher-growth cloud services.