TE Connectivity Announces Fiscal 2021 Second Quarter Dividend Record And Payment Dates
TE Connectivity Ltd. (NYSE: TEL) has declared a quarterly dividend of $0.48 per share for the second quarter of fiscal year 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 the second quarter of fiscal year 2021. This dividend will be payable on March 5, 2021, to shareholders of record as of February 19, 2021. The announcement follows the approval from shareholders during the annual general meeting held on March 11, 2020. TE Connectivity, a leader in industrial technology, focuses on connectivity and sensor solutions across various sectors.
Positive
- Dividend of $0.48 per share shows commitment to returning value to shareholders.
- Dividend payable date of March 5, 2021, indicates timely financial management.
Negative
- None.
Details
News Market Reaction – TEL
The recorded move for TEL in the trading session of this news was -0.26%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SCHAFFHAUSEN, Switzerland, Feb. 2, 2021 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today announced that the
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 approximately 80,000 employees, including more than 7,500 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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