Teradyne, Inc. Declares Quarterly Dividend of $0.12 (NASDAQ:TER)

Teradyne, Inc. (NASDAQ:TER) declared a quarterly dividend on Monday, January 26th. Shareholders of record on Friday, February 13th will be paid a dividend of 0.12 per share on Friday, March 13th. This represents a c) dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, February 13th.

Teradyne has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 1 years. Teradyne has a payout ratio of 10.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect Teradyne to earn $5.10 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 9.4%.

Teradyne Stock Performance

Shares of TER opened at $231.75 on Tuesday. Teradyne has a 52-week low of $65.77 and a 52-week high of $238.92. The stock has a market capitalization of $36.29 billion, a price-to-earnings ratio of 84.27, a price-to-earnings-growth ratio of 1.65 and a beta of 1.84. The stock’s 50-day simple moving average is $200.91 and its 200 day simple moving average is $153.76.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.07. The company had revenue of $769.21 million for the quarter, compared to the consensus estimate of $744.20 million. Teradyne had a return on equity of 18.04% and a net margin of 15.49%.The firm’s revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.90 earnings per share. On average, research analysts forecast that Teradyne will post 3.88 earnings per share for the current fiscal year.

About Teradyne

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.