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New position: TXN

With the new year barely started I'm on a roll initiating some new positions. After the AbbVie purchase just over a week ago, yesterday I got myself another new position.

Yesterday, I bought 4 shares of Texas Instruments (TXN) at a price of $74.80 per share. Including service fees the total costs were €282.38. TXN pays a quarterly dividend of $0.50 per share which increases my expected forward 12 month dividend income by eight dollars or €6,42 bringing it to amost €287.

TXN is a dividend achiever and placed no. 7 on SureDividend's top 10 dividend achievers list of last December. An analysis of TXN can be found here.

If the divididend paying schedule is similar to 2016, TXN will go ex dividend in the last week of January.

Reacties

  1. Very nice buy. Texas Instruments have been around for quite some time. And because of that I doubt they will be going anywhere real soon. All the best for 2017

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    Reacties
    1. Thx, you too all the best for 2017. I hope they keep up their performence from the last years.

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