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

TE Connectivity Ltd. (NYSE:TEL) announced a quarterly dividend on Wednesday, June 10th. Stockholders 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 dividend yield of 1.5%. The ex-dividend date 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 payout ratio of 34.6% meaning its dividend is sufficiently covered by earnings. 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 Trading Down 4.1%

Shares of TEL stock traded down $8.61 during trading on Wednesday, hitting $202.30. 2,815,102 shares of the stock traded hands, compared to its average volume of 2,463,448. The firm has a market capitalization of $59.05 billion, a P/E ratio of 20.66, a price-to-earnings-growth ratio of 1.46 and a beta of 1.16. TE Connectivity has a 52-week low of $162.17 and a 52-week high of $252.56. 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 fifty day moving average price is $214.47 and its 200-day moving average price is $220.86.

TE Connectivity (NYSE:TEL) last announced 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. TE Connectivity had a net margin of 15.54% and a return on equity of 23.56%. The business had revenue of $4.74 billion during the quarter, compared to analysts’ expectations of $4.72 billion. During the same period last year, the business earned $2.10 earnings per share. The business’s revenue for the quarter was up 14.4% on a year-over-year basis. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. As a group, research analysts forecast that TE Connectivity will post 11.28 earnings per share for the current fiscal year.

TE Connectivity Company Profile

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.