Teradyne, Inc. (NASDAQ:TER) Announces Quarterly Dividend of $0.13

Teradyne, Inc. (NASDAQ:TER) announced a quarterly dividend on Monday, August 24th. Shareholders of record on Friday, September 4th will be paid a dividend of 0.13 per share on Friday, September 25th. This represents a c) dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, September 4th.

Teradyne has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 1 years. Teradyne has a payout ratio of 11.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Teradyne to earn $11.26 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 4.6%.

Teradyne Trading Down 2.9%

TER stock opened at $364.90 on Tuesday. The stock has a 50-day moving average price of $385.11 and a 200-day moving average price of $355.09. Teradyne has a 1-year low of $109.56 and a 1-year high of $487.91. The firm has a market cap of $57.05 billion, a PE ratio of 50.05, a price-to-earnings-growth ratio of 0.76 and a beta of 1.78.

Teradyne (NASDAQ:TER) last announced its earnings results on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.09 by $0.38. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the prior year, the company earned $0.57 EPS. The firm’s revenue for the quarter was up 103.9% compared to the same quarter last year. On average, analysts forecast that Teradyne will post 9.1 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.