Teradyne, Inc. (TER) to Issue Quarterly Dividend of $0.13 on December 16th

Teradyne, Inc. (NASDAQ:TER) announced a quarterly dividend on Monday, November 9th. Shareholders of record on Monday, November 23rd will be given a dividend of $0.13 per share on Wednesday, December 16th. This represents a $0.52 annualized dividend and a yield of 0.2%. The ex-dividend date is Monday, November 23rd.

Teradyne has a payout ratio of 11.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Teradyne to earn $12.08 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 4.3%.

Teradyne Stock Down 0.2%

Shares of TER opened at $245.40 on Wednesday. The firm has a market cap of $38.31 billion, a price-to-earnings ratio of 28.17, a price-to-earnings-growth ratio of 0.48 and a beta of 1.73. The company’s fifty day moving average is $347.34 and its 200-day moving average is $348.91. Teradyne has a 12 month low of $151.52 and a 12 month high of $487.91.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Tuesday, October 27th. The company reported $2.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.09 by $0.20. The firm had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Teradyne had a net margin of 27.46% and a return on equity of 43.81%. Teradyne’s revenue for the quarter was up 69.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.85 earnings per share. As a group, research analysts predict that Teradyne will post 9.41 earnings per share for the current fiscal year.

About Teradyne

Teradyne, Inc. develops and supplies automated test equipment and robotics used by manufacturers around the world. Its test systems help customers evaluate the performance and reliability of semiconductor devices, electronic products, wireless components and storage products. The company’s offerings include semiconductor test systems, system-level test equipment and wireless test solutions. Teradyne also serves industrial automation markets through Universal Robots, which makes collaborative robots, and Mobile Industrial Robots, which develops autonomous mobile robots for moving materials in factories and other facilities.