TE Connectivity Ltd. (NYSE:TEL) Announces Dividend Increase – $0.78 Per Share

TE Connectivity Ltd. (NYSE:TEL) declared a quarterly dividend on Wednesday, March 11th. Shareholders of record on Friday, May 22nd will be paid a dividend of 0.78 per share by the electronics maker on Friday, June 12th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, May 22nd. This is a 9.9% increase from TE Connectivity’s previous quarterly dividend of $0.71.

TE Connectivity has increased its dividend 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 dividend payout ratio of 31.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect TE Connectivity to earn $8.91 per share next year, which means the company should continue to be able to cover its $2.84 annual dividend with an expected future payout ratio of 31.9%.

TE Connectivity Trading Up 1.2%

NYSE:TEL opened at $205.31 on Thursday. The stock has a fifty day moving average price of $226.80 and a 200 day moving average price of $225.92. The company has a current ratio of 1.65, a quick ratio of 1.07 and a debt-to-equity ratio of 0.37. The firm has a market cap of $60.24 billion, a PE ratio of 29.63, a price-to-earnings-growth ratio of 1.54 and a beta of 1.23. TE Connectivity has a 12-month low of $116.30 and a 12-month high of $250.67.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings data on Wednesday, January 21st. The electronics maker reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.55 by $0.17. TE Connectivity had a return on equity of 22.72% and a net margin of 11.41%.The business had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.52 billion. During the same period in the previous year, the company posted $1.95 earnings per share. The business’s revenue for the quarter was up 21.7% on a year-over-year basis. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. Sell-side analysts anticipate that TE Connectivity will post 8.05 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.