TE Connectivity Ltd. (NYSE:TEL) to Issue $0.78 Quarterly Dividend

TE Connectivity Ltd. (NYSE:TEL) announced a quarterly dividend on Wednesday, June 10th. Shareholders of record on Friday, August 21st will be paid a dividend of 0.78 per share by the electronics maker on Friday, September 11th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, August 21st.

TE Connectivity has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 12 consecutive years. TE Connectivity has a dividend payout ratio of 34.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect TE Connectivity to earn $12.65 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 24.7%.

TE Connectivity Stock Performance

NYSE TEL traded down $8.61 on Wednesday, hitting $202.30. 2,815,102 shares of the company’s stock were exchanged, compared to its average volume of 2,463,448. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.89 and a quick ratio of 1.20. The firm’s 50-day moving average price is $214.47 and its two-hundred day moving average price is $220.86. The firm has a market cap of $59.05 billion, a price-to-earnings ratio of 20.66, a P/E/G ratio of 1.46 and a beta of 1.16. TE Connectivity has a fifty-two week low of $162.17 and a fifty-two week high of $252.56.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings results on Wednesday, April 22nd. The electronics maker reported $2.73 earnings per share for the quarter, beating analysts’ consensus estimates of $2.70 by $0.03. The firm had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.72 billion. TE Connectivity had a return on equity of 23.56% and a net margin of 15.54%.The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period in the previous year, the business earned $2.10 earnings per share. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. On average, research analysts expect that TE Connectivity will post 11.28 EPS for the current year.

About TE Connectivity

TE Connectivity (NYSE: TEL) is a global industrial technology company that designs and manufactures connectivity and sensor solutions used to enable the flow of power and data in a wide range of applications. Its product portfolio includes electrical connectors, cable and wire harness assemblies, sensors, relays and switches, fiber-optic and coaxial interconnects, and other passive and active components that provide mechanical and electrical connections in complex systems.

The company’s products and engineered solutions serve diverse end markets such as automotive and transportation, industrial equipment, data communications and networks, aerospace and defense, medical devices, and energy.