TE Connectivity Ltd. (TEL) to Distribute Quarterly Dividend of $0.78 on December 11th

TE Connectivity Ltd. (NYSE:TEL) declared a quarterly dividend on Wednesday, September 16th. Investors of record on Friday, November 20th will be given a dividend of 0.78 per share by the electronics maker on Friday, December 11th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, November 20th.

TE Connectivity has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 12 years. TE Connectivity has a dividend payout ratio of 34.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect TE Connectivity to earn $13.06 per share next year, which means the company should continue to be able to cover its $3.12 annual dividend with an expected future payout ratio of 23.9%.

TE Connectivity Stock Performance

NYSE TEL opened at $206.54 on Friday. The business’s 50-day moving average price is $206.77 and its 200 day moving average price is $208.75. The company has a current ratio of 1.88, a quick ratio of 1.23 and a debt-to-equity ratio of 0.42. TE Connectivity has a twelve month low of $190.27 and a twelve month high of $252.56. The company has a market capitalization of $59.80 billion, a PE ratio of 20.25, a price-to-earnings-growth ratio of 1.35 and a beta of 1.16.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings results on Wednesday, July 22nd. The electronics maker reported $2.94 EPS for the quarter, beating the consensus estimate of $2.85 by $0.09. TE Connectivity had a return on equity of 24.59% and a net margin of 15.61%.The company had revenue of $5.16 billion during the quarter, compared to analysts’ expectations of $5.01 billion. During the same quarter in the previous year, the business earned $2.27 EPS. The firm’s revenue was up 13.8% on a year-over-year basis. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. On average, research analysts predict that TE Connectivity will post 11.48 earnings per share for the current year.

TE Connectivity Company Profile

TE Connectivity Ltd. (NYSE: TEL) designs and manufactures connectivity and sensor products used in transportation, industrial equipment, communications systems, data centers, aerospace and defense, medical technology, energy infrastructure, and consumer applications. Its products help transmit power, data and signals between components and systems.

The company’s product portfolio includes connectors, terminals, relays, sensors, antennas, cable assemblies, circuit-protection devices, heat-shrink products and other components for electronic and electrical systems.