National Semiconductor Announces Next Quarterly Dividend

July 14, 2010

SANTA CLARA, Calif., July 14 /PRNewswire-FirstCall/ — National Semiconductor Corporation (NYSE: NSM) announced today that its Board of Directors, at a regularly scheduled meeting, has declared a cash dividend of $0.10 per outstanding share of common stock. The new dividend, which is an increase from the prior quarter’s dividend of $0.08 per common share, will be paid on Oct. 12, 2010 to shareholders of record at the close of business on Sept. 20, 2010.

National Semiconductor’s fully diluted weighted average share count was 243.6 million shares for the fourth quarter of fiscal of 2010, which ended May 30, 2010.

About National Semiconductor

National Semiconductor is a leader in power management technology. Known for its easy-to-use analog integrated circuits and world-class supply chain, National’s high-performance analog products enable its customers’ systems to be more energy efficient. Headquartered in Santa Clara, Calif., National reported sales of $1.42 billion for fiscal 2010. Additional information is available at www.national.com.

    Media Contact:                            Financial:
    LuAnn Jenkins                             Mark Veeh
    National Semiconductor                    National Semiconductor
    (408) 721-2440                            (408) 721-5007
    luann.jenkins@nsc.com                     invest.group@nsc.com

SOURCE National Semiconductor Corp.

Source: newswire

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