TE Connectivity announces approval of quarterly dividends by shareholders at 2022 Annual General Meeting
TE Connectivity Ltd. (NYSE: TEL) announced that its shareholders approved a $2.24 per share annual dividend at the Annual General Meeting on March 9, 2022.
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 Ltd. (NYSE: TEL) announced that its shareholders approved a $2.24 per share annual dividend at the Annual General Meeting on March 9, 2022. This dividend will be paid in four quarterly installments of $0.56. The payment dates are set for June 3, September 2, December 2, 2022, and March 3, 2023. Shareholders must be on record by May 20, August 19, November 18, and February 17, 2023, respectively, to receive their dividends. TE Connectivity is a global leader in connectivity and sensor solutions, with over 85,000 employees across 140 countries.
Positive
- Dividend approval of $2.24 per share indicates strong shareholder returns.
- Quarterly dividends of $0.56 demonstrate a commitment to providing income to shareholders.
Negative
- None.
Details
News Market Reaction – TEL
The recorded move for TEL in the trading session of this news was -0.11%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SCHAFFHAUSEN, Switzerland, March 9, 2022 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today announced that at the company's Annual General Meeting of Shareholders held on March 9, 2022, the shareholders approved that a dividend of
TEL Quarter, Fiscal Year | Payment Date | Record Date |
3rd Quarter, Fiscal Year 2022 | June 3, 2022 | May 20, 2022 |
4th Quarter, Fiscal Year 2022 | September 2, 2022 | August 19, 2022 |
1st Quarter, Fiscal Year 2023 | December 2, 2022 | November 18, 2022 |
2nd Quarter, Fiscal Year 2023 | March 3, 2023 | February 17, 2023 |
About TE Connectivity
TE Connectivity Ltd. (NYSE: TEL) is a global industrial technology leader creating a safer, sustainable, productive, and connected future. Our broad range of connectivity and sensor solutions, proven in the harshest environments, enable advancements in transportation, industrial applications, medical technology, energy, data communications, and the home. With more than 85,000 employees, including over 8,000 engineers, working alongside customers in approximately 140 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Twitter.
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SOURCE TE Connectivity Ltd.
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