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

TE Connectivity Ltd. (NYSE:TEL) announced a quarterly dividend on Wednesday, September 16th. Investors of record on Friday, November 20th will be paid a dividend of 0.78 per share by the electronics maker on Friday, December 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, November 20th.

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 every year for the last 12 years. TE Connectivity has a payout ratio of 34.6% meaning its dividend is sufficiently covered by earnings. Equities 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

TEL opened at $202.03 on Thursday. 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 12-month low of $190.27 and a 12-month high of $252.56. The firm has a 50 day moving average of $206.62 and a two-hundred day moving average of $208.91. The firm has a market capitalization of $58.49 billion, a PE ratio of 19.81, a P/E/G ratio of 1.35 and a beta of 1.16.

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