TE Connectivity announces fiscal 2021 first quarter dividend record and payment dates
TE Connectivity Ltd. (NYSE: TEL) has declared a quarterly dividend of $0.48 per share for Q1 of fiscal 2021.
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) has declared a quarterly dividend of $0.48 per share for Q1 of fiscal 2021. The dividend will be payable on December 4, 2020, to shareholders of record as of November 20, 2020. This dividend was approved at the annual general meeting held on March 11, 2020. TE Connectivity, a global leader in industrial technology with a revenue of $12 billion, focuses on connectivity solutions across various sectors, ensuring robust advancements in technology.
Positive
- Dividend of $0.48 per share indicates strong cash flow.
- Approval of dividend reflects shareholder confidence.
- Market capitalization of $12 billion suggests strong market position.
Negative
- None.
Details
News Market Reaction – TEL
The recorded move for TEL in the trading session of this news was +2.29%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SCHAFFHAUSEN, Switzerland, Nov. 3, 2020 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today announced that the
About TE Connectivity
TE Connectivity Ltd. (NYSE: TEL) is a
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SOURCE TE Connectivity Ltd.
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