Teradyne, Inc. (TER) To Go Ex-Dividend on May 21st

Teradyne, Inc. (NASDAQ:TER) announced a quarterly dividend on Thursday, May 7th. Shareholders of record on Thursday, May 21st will be given a dividend of 0.13 per share on Friday, June 12th. This represents a c) dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, May 21st. This is a 8.3% increase from Teradyne’s previous quarterly dividend of $0.12.

Teradyne has increased its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 1 consecutive years. Teradyne has a dividend payout ratio of 11.5% indicating that its dividend is sufficiently covered by earnings. Equities 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 Trading Down 5.0%

TER stock opened at $321.05 on Tuesday. The company has a market cap of $50.26 billion, a price-to-earnings ratio of 59.45, a PEG ratio of 1.39 and a beta of 1.79. Teradyne has a 12 month low of $75.99 and a 12 month high of $422.11. The firm has a 50-day moving average of $336.05 and a two-hundred day moving average of $265.62.

Teradyne (NASDAQ:TER) last released its quarterly earnings data on Wednesday, April 29th. The company reported $2.56 EPS for the quarter, beating analysts’ consensus estimates of $2.11 by $0.45. The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.20 billion. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. Teradyne’s quarterly revenue was up 87.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.75 EPS. As a group, equities analysts forecast that Teradyne will post 7.09 earnings per share for the current year.

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.