Company profiles · Reshoring, Industrials & Semis

Texas Instruments (TXN): US–Canada Tariff Exposure, Government Contracts, and Risk

WINNERSATELLITE TIER
Last close · Oct 30$300.84 +16.3% since report
Report price · Aug 28, 2026 close$258.64
Market cap$236.2B
52-wk range152.73–334.03
Dividend · quarterly$6.08/yr 2.02% · next Nov 10

Why it’s on the map

$60B US fab plan; $1.61B CHIPS; Sherman SM1 producing, RFAB3 H2 2026, Lehi Q1 2027 — most US-fabbed mainstream chip supplier if phase-2 semi tariffs land.

Government money & contracts

CHIPS $1.61B.

Customers & commercial

Auto/industrial (which are the tariff losers).

Catalysts

Q3 late Oct; 48D credit sunsets for starts after Dec 31, 2026.

Risk

Analog demand softness.

Tariff durability

Policy-backed.

Dividend · #20 of 47 payers by yield
2.02% yield
$6.08 a share a year · quarterly · pays Feb · May · Aug · Nov
All payers ranked →
Per payment$1.52a share, 4× a year
Next payoutNov 10declared · $1.52 a share
Last ex-dateOct 30, 2026own it before the ex-date to collect
Last paidAug 11, 2026$1.52 a share
Payout ratio74%of earnings · comfortable
Raised22 yrsconsecutive years of increases
Shares at the Oct 30 close of $300.843.32
Each payment$5.05
Per year · 4 payments$20.21
Recent payments
Ex-datePaidPer share
Oct 30, 2026Nov 10, 2026$1.52declared, upcoming
Jul 31, 2026Aug 11, 2026$1.42before the raise
May 5, 2026May 19, 2026$1.42before the raise
Jan 30, 2026Feb 10, 2026$1.42before the raise
Oct 31, 2025Nov 12, 2025$1.42before the raise

Yield = $1.52 × 4 ÷ the Oct 30 close of $300.84. A dividend is a board decision, not a promise — it can be raised, cut or suspended any quarter. Dividend history source