TE Connectivity announces 10% increase in quarterly cash dividend to $0.78

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.

News Market Reaction – TEL

-3.56%

-3.56% Session close to close

In the Mar 12 session, TEL declined 3.56%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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Board of directors authorizes $3.0 billion increase in share repurchase program

Shareholders reelect all 13 members to board of directors during annual general meeting

GALWAY, Ireland, March 11, 2026 /PRNewswire/ -- TE Connectivity plc (NYSE: TEL) announced today that its board of directors declared a regular quarterly cash dividend of $0.78 per ordinary share, payable on June 12, 2026, to shareholders of record at the close of business on May 22, 2026. This payment represents a 10% increase from the $0.71 per ordinary share quarterly dividend to be paid on March 13, 2026. In addition, the Company's board of directors authorized a $3.0 billion increase in its share repurchase program.

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.

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SOURCE TE Connectivity plc

FAQ

What dividend did TE Connectivity (TEL) declare on March 11, 2026 and when is it payable?

TE Connectivity declared a quarterly cash dividend of $0.78 per share, payable June 12, 2026. According to the company, shareholders of record at the close of business on May 22, 2026 will receive the payment.

How much did TE Connectivity (TEL) increase its share repurchase authorization on March 11, 2026?

The board authorized a $3.0 billion increase in the company's repurchase program. According to the company, this expands its capacity to buy back shares under the existing program authorization.

What was the prior quarterly dividend for TE Connectivity (TEL) before the 10% increase?

The prior quarterly dividend was $0.71 per ordinary share before the increase to $0.78. According to the company, the new amount represents a 10% rise versus that prior payment.

Who was elected to TE Connectivity's board at the March 11, 2026 annual general meeting?

Shareholders reelected all 13 members of the board of directors at the March 11, 2026 meeting. According to the company, all agenda items were approved by the shareholder vote.

What record date must shareholders meet to receive TE Connectivity's (TEL) June 12, 2026 dividend?

Shareholders must be on record at the close of business on May 22, 2026 to receive the June 12 dividend. According to the company, that is the specified record date for eligibility.