Teradyne, Inc. (NASDAQ:TER – Get Free Report) announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Thursday, May 21st will be paid a dividend of 0.13 per share on Friday, June 12th. This represents a c) annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Thursday, May 21st. This is a 8.3% increase from Teradyne’s previous quarterly dividend of $0.12.
Teradyne has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 1 years. Teradyne has a payout ratio of 11.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Teradyne to earn $9.31 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 5.6%.
Teradyne Price Performance
Shares of TER opened at $354.11 on Friday. The stock has a 50-day moving average of $331.51 and a 200-day moving average of $255.33. The company has a market cap of $55.43 billion, a PE ratio of 65.58, a P/E/G ratio of 1.57 and a beta of 1.79. Teradyne has a one year low of $75.60 and a one year high of $422.11.
Teradyne Company Profile
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.
Further Reading
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