TE Connectivity announces 9% increase in quarterly cash dividend to $0.71

Rhea-AI Summary

TE Connectivity (NYSE: TEL) has announced a significant increase in its quarterly cash dividend, raising it by 9% to $0.71 per ordinary share from the previous $0.65. The dividend will be payable on June 10, 2025, to shareholders of record as of May 21, 2025.

Additionally, during the company's 2025 annual general meeting held on March 12, shareholders approved all agenda items, including the reelection of all 12 board members.

Positive

• 9% increase in quarterly dividend indicates strong financial position
• Dividend raise demonstrates commitment to shareholder returns
• Unanimous shareholder approval for board reelection suggests strong corporate governance

Negative

• None.

News Market Reaction – TEL

+3.30%

1 alert

+3.30% News Effect

On the day this news was published, TEL gained 3.30%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Shareholders reelect all 12 members to board of directors during annual general meeting

GALWAY, Ireland, March 13, 2025 /PRNewswire/ -- TE Connectivity plc (NYSE: TEL) announced today that its board of directors declared a regular quarterly cash dividend of $0.71 per ordinary share, payable on June 10, 2025, to shareholders of record at the close of business on May 21, 2025. This payment represents a 9% increase from the $0.65 per ordinary share quarterly dividend paid to shareholders on March 7.

In addition, during the company's 2025 annual general meeting of shareholders held March 12, shareholders voted in favor of all agenda items, including the reelection of all 12 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. 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, medical technology, and more. With more than 85,000 employees, including 9,000 engineers, working alongside customers in approximately 130 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat, Instagram and X (formerly Twitter).

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SOURCE TE Connectivity plc

FAQ

What is the new quarterly dividend amount for TE Connectivity (TEL) stock?

TE Connectivity's new quarterly dividend is $0.71 per ordinary share, representing a 9% increase from the previous $0.65.

When will TE Connectivity (TEL) pay its next quarterly dividend?

The next quarterly dividend will be paid on June 10, 2025, to shareholders of record as of May 21, 2025.

How much did TE Connectivity (TEL) increase its dividend in 2025?

TE Connectivity increased its quarterly dividend by 9%, from $0.65 to $0.71 per ordinary share.

What was the outcome of TE Connectivity's (TEL) 2025 annual general meeting?

Shareholders approved all agenda items and reelected all 12 members to the board of directors.