# Chip Giants Boost Dividends Amid Cash Flow Growth

> Three chipmakers raise dividends using strong cash flows despite market downturns.
- Title: Chip Giants Boost Dividends Amid Cash Flow Growth | Shortify
- Summary: Three chipmakers raise dividends using strong cash flows despite market downturns. Texas Instruments, Analog Devices, and Qualcomm increased dividends…
- Keywords: texas instruments, analog devices, qualcomm, dividend, cash flow, semiconductor, quarterly dividend, free cash flow, yield, Chip, Giants, Boost
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/10/19/these-3-chip-giants-turn-massive-cash-flow-into-growing-dividends
- Author: Chris Lange
- Published: 2026-10-19T19:15:33+00:00
- Read time: 1 min
- Topics: texas instruments, analog devices, qualcomm, dividend, cash flow, semiconductor, quarterly dividend, free cash flow, yield
## Chip Giants Boost Dividends Amid Cash Flow Growth
Income investors usually skip tech because the yields look thin but a small group of chipmakers have been quietly compounding their payouts through recessions and market downturns.
## Texas Instruments Raises Quarterly Dividend
Texas Instruments just raised its quarterly dividend to $1.52 per share, replacing the prior $1.42, a 7.0% increase.
## Texas Instruments Cash Flow Strength
Analog revenue reached $4.365B last quarter, up 26%, while embedded processing brought in $788M, up 16%.
## Texas Instruments Dividend Safety
Dividends per share of $5.62 against trailing EPS of $6.57 work out to a payout ratio of about 86%.
## Texas Instruments Dividend Track Record
TI’s dividend history shows a higher payout every year from 2005 through this year, rising from $0.10 to $0.12 during the financial crisis.
## Analog Devices Raises Dividend
Analog Devices raised its quarterly dividend to $1.10, up from $0.99, a 11.1% increase, the largest of the three.
## Analog Devices Cash Flow Strength
Industrial customers produced $1.972B of revenue last quarter (+53%), and communications revenue reached $655M (+84%).
## Qualcomm Raises Dividend
Qualcomm raised its quarterly dividend to $0.92, up from $0.89, a 3.4% increase, with a 2.07% yield.
## Qualcomm Cash Flow Strength
Qualcomm’s 6.98% free cash flow yield is far above the dividend yield, with $937 million in dividends paid last quarter.
## Three Chipmakers' Dividend Strategies
Each company kept its dividend through the 2008-2009 financial crisis and has raised it this year, with Texas Instruments offering the longest unbroken record of raises.
## Key takeaway

Texas Instruments, Analog Devices, and Qualcomm increased dividends through 2008-2009 financial crisis and recent market challenges.