Teradyne, Inc. (NASDAQ:TER) Shareholders to Get $0.13 Quarterly Dividend

Teradyne, Inc. (NASDAQ:TER) announced a quarterly dividend on Monday, November 9th. Shareholders of record on Monday, November 23rd will be given a dividend of $0.13 per share on Wednesday, December 16th. This represents a $0.52 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, November 23rd.

Teradyne has a payout ratio of 11.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Teradyne to earn $12.08 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 4.3%.

Teradyne Price Performance

Shares of TER opened at $246.00 on Tuesday. The firm has a market cap of $38.41 billion, a PE ratio of 28.24, a PEG ratio of 0.49 and a beta of 1.73. The stock’s fifty day moving average price is $349.43 and its two-hundred day moving average price is $348.83. Teradyne has a 1 year low of $151.52 and a 1 year high of $487.91.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Tuesday, October 27th. The company reported $2.29 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.20. Teradyne had a return on equity of 43.81% and a net margin of 27.46%. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the prior year, the company earned $0.85 EPS. The firm’s quarterly revenue was up 69.8% compared to the same quarter last year. Sell-side analysts anticipate that Teradyne will post 9.41 earnings per share for the current fiscal year.

Trending Headlines about Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Zacks upgraded Teradyne to Rank #1 (Strong Buy), citing improving optimism about its earnings prospects. Zacks article
• Positive Sentiment: Teradyne introduced Omnyx Edge, an inline board-test platform for compute, sensing, and motion boards used in physical and edge AI. The launch extends the company’s offering into AI-related applications, though the announcement did not quantify expected revenue or earnings. Omnyx Edge announcement
• Neutral Sentiment: The company declared a quarterly dividend of $0.13 per share, payable December 16 to shareholders of record November 23. The annualized dividend is $0.52, a yield of about 0.2%—a modest cash return that is unlikely to be a major stock catalyst. Dividend announcement

Teradyne Company Profile

Teradyne, Inc develops and supplies automated test equipment and robotics used by manufacturers around the world. Its test systems help customers evaluate the performance and reliability of semiconductor devices, electronic products, wireless components and storage products.

The company’s offerings include semiconductor test systems, system-level test equipment and wireless test solutions. Teradyne also serves industrial automation markets through Universal Robots, which makes collaborative robots, and Mobile Industrial Robots, which develops autonomous mobile robots for moving materials in factories and other facilities.

Founded in 1960 and headquartered in North Reading, Massachusetts, Teradyne serves customers across global markets.