TE Connectivity announces fiscal 2020 fourth quarter dividend record and payment dates

Rhea-AI Summary

TE Connectivity Ltd. (NYSE: TEL) has declared a quarterly dividend of $0.48 per share for the fourth quarter of fiscal year 2020. This dividend is payable on September 4, 2020, to shareholders on record as of August 21, 2020. The decision was ratified during the annual general meeting held on March 11, 2020. TE Connectivity operates as a global industrial technology leader, generating $13 billion in revenue and employing nearly 80,000 individuals worldwide.

Positive

• Declared quarterly dividend of $0.48 per share.
• Dividend payment date set for September 4, 2020.
• Strong financial foundation with $13 billion in revenue.

Negative

• None.

News Market Reaction – TEL

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+1.43% Session move

In the trading session that priced this news, TEL gained 1.43%, reflecting a mild positive market reaction.

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SCHAFFHAUSEN, Switzerland, Aug. 4, 2020 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today announced that the $0.48 per share quarterly dividend for the fourth quarter of fiscal year 2020 will be payable on September 4, 2020, to shareholders of record at the close of business on August 21, 2020.  The dividend was approved by shareholders at the company's annual general meeting held on March 11, 2020.

About TE Connectivity

TE Connectivity Ltd. (NYSE: TEL) is a $13 billion 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 nearly 80,000 employees, including more than 8,000 engineers, working alongside customers in approximately 150 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.

FAQ

What is the latest dividend amount declared by TE Connectivity (TEL)?

TE Connectivity has declared a dividend of $0.48 per share for the fourth quarter of fiscal year 2020.

When is the dividend payment date for TE Connectivity (TEL)?

The dividend payment date is September 4, 2020.

What is the record date for the latest dividend announcement by TE Connectivity (TEL)?

The record date for the dividend is August 21, 2020.

When was the dividend approved by shareholders for TE Connectivity (TEL)?

The dividend was approved at the annual general meeting held on March 11, 2020.