Dividend Growth Continues as 3 Big Stocks Raise PayoutsWritten by Leo Miller. Published 9/30/2025.
Key Points- Three high-profile stocks across different sectors are increasing their dividend payouts.
- Texas Instruments' yield of more than 3% is among the highest in tech and semiconductors.
- With a new CEO ready to take the helm, T-Mobile is boosting its dividend in a huge way.
Texas Instruments (NASDAQ: TXN), T-Mobile US (NASDAQ: TMUS), and Target (NYSE: TGT) are three prominent U.S. companies delivering good news to income investors. Each has recently announced a dividend increase, lifting the yield that shareholders can expect to receive.
Although the boosts from Texas Instruments and Target are modest, both still rank among the market’s highest-yielding stocks. Meanwhile, T-Mobile has delivered a substantial lift to its already above-average dividend. Let’s explore the details below.
TXN Boosts Dividend 4%, Maintains One of Tech’s Highest Yields
How Early Investors Spot the Next Big Breakout Stocks (Ad)Enphase soared 15,000%. Novavax surged over 8,000%. These gains weren’t luck—they were the result of spotting overlooked companies before they took off.
At Market Pulse Today, we specialize in finding these high-upside opportunities—and we send them to you 100% free. Our latest report highlights the next set of companies we believe are poised for major moves.
Click here to get the free report and start receiving early alerts.
Texas Instruments, the world’s eighth-largest semiconductor company by market cap (around $168 billion), declared on Sept. 19 a quarterly dividend of $1.42 per share, a 4% increase. The dividend is payable Nov. 12 to shareholders of record as of Oct. 31.
Even with a modest raise, TI’s indicated yield now approaches 3.1%, ranking third among large-cap U.S. tech stocks and second among U.S. large-cap chipmakers. This marks TI’s 22nd consecutive annual dividend increase.
Despite its scale and brand recognition, TXN has underperformed its peers over the past five years, delivering a total return of 54% versus 185% for the iShares Semiconductor ETF (NASDAQ: SOXX).
T-Mobile Announces 16% Dividend Hike Ahead of CEO TransitionOn Sept. 18, T-Mobile US—a major player in the U.S. telecom sector—announced a 16% increase to its quarterly dividend, raising it to $1.02 per share. The dividend will be paid Dec. 11 to those holding shares at the close of business on Nov. 26, 2025, lifting T-Mobile’s yield to roughly 1.7%, well above the S&P 500’s ~1.1%.
This announcement preceded a leadership transition: effective Nov. 1, Srini Gopalan will succeed Mike Sievert as CEO. Under Sievert’s tenure since May 2020, T-Mobile’s stock has returned over 180%, adding about $150 billion in market cap—making him “the most value-creating CEO in global telecom history,” according to the company. The dividend increase underscores confidence in T-Mobile’s prospects as Gopalan assumes the top role.
Target: 5.2% Yielder Seeks Turnaround with New CEO in 2026Consumer staples heavyweight Target declared on Sept. 17 a quarterly dividend of $1.14, up 1.8% from the prior $1.12. Despite the modest increase, Target’s yield now sits at about 5.2%, placing it among the top 10 large-cap U.S. consumer staples payers and the top 25 of all S&P 500 stocks.
Target also recently announced a CEO transition: Michael Fiddelke will take over from Brian Cornell on Feb. 1, 2026. Under Cornell’s leadership since August 2014, Target returned 109%, roughly 30% below its consumer staples peers and well under the broader market. Investors will watch to see if Fiddelke can reverse that trend.
Capital Returns Remain a PriorityThese three companies demonstrate a clear commitment to returning capital to shareholders. While Texas Instruments and Target continue to offer high yields, T-Mobile’s sizable increase stands out, signaling stability and confidence ahead of its executive transition. For income-focused investors, these dividend hikes provide an attractive source of cash flow amid varied company performances. |
