Previous close | 151.14 |
Open | 153.01 |
Bid | 154.00 x 900 |
Ask | 156.32 x 900 |
Day's range | 152.49 - 156.12 |
52-week range | 149.10 - 202.26 |
Volume | |
Avg. volume | 5,958,070 |
Market cap | 143.807B |
Beta (5Y monthly) | 0.94 |
PE ratio (TTM) | 17.85 |
EPS (TTM) | 8.74 |
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.