TE Connectivity announces 10% increase in quarterly cash dividend to $0.78
TE Connectivity (NYSE: TEL) announced a 10% increase in its regular quarterly cash dividend to $0.78 per ordinary share, payable June 12, 2026, to holders of record on May 22, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
TE Connectivity (NYSE: TEL) announced a 10% increase in its regular quarterly cash dividend to $0.78 per ordinary share, payable June 12, 2026, to holders of record on May 22, 2026. This follows a prior quarterly dividend of $0.71.
The board also authorized a $3.0 billion increase in the share repurchase program and shareholders reelected all 13 directors at the March 11, 2026 annual general meeting.
Positive
- Quarterly dividend increased by 10% to $0.78 per share
- Board authorized a $3.0 billion increase in the share repurchase program
- Shareholders reelected all 13 board members at the March 11, 2026 meeting
Negative
- None.
Details
News Market Reaction – TEL
On Mar 12, the first trading day after this news, TEL closed 3.56% below the previous close.
Data tracked by StockTitan Argus for the Mar 12 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Board of directors authorizes
Shareholders reelect all 13 members to board of directors during annual general meeting
GALWAY,
During the company's 2026 annual general meeting of shareholders held on March 11, 2026, shareholders voted in favor of all agenda items including the reelection of all 13 members to the board of directors.
About TE Connectivity
TE Connectivity plc (NYSE: TEL) is a global industrial technology leader creating a safer, sustainable, productive, and connected future. As a trusted innovation partner, our broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, energy networks, automated factories, data centers enabling artificial intelligence, and more. Our more than 90,000 employees, including 10,000 engineers, work alongside customers in approximately 130 countries. In a world that is racing ahead, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Instagram.
View original content to download multimedia:https://www.prnewswire.com/news-releases/te-connectivity-announces-10-increase-in-quarterly-cash-dividend-to-0-78--302711460.html
SOURCE TE Connectivity plc
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.