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Year Annual DPS Year Annual DPS 2 0 1 4 $ 1 . 2 4 2 0 1 9 $ 3 . 2 1 2

Year Annual DPS Year Annual DPS2014 $1.242019 $3.212015 $1.402020 $3.722016 $1.642021 $4.212017 $2.122022 $4.692018 $2.632023 $5.02
Using the table above, determine the average annual growth rate for TXN dividends per sharefor the period 2014-2023. Show formula, input, & calculation. Excel is optional.

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