Teradyne Declares Quarterly Cash Dividend

Rhea-AI Summary

Teradyne (NASDAQ: TER) has announced a quarterly cash dividend of $0.10 per share, scheduled for payment on December 17, 2021. Shareholders of record as of November 24, 2021 will be eligible to receive this dividend. In 2020, Teradyne reported revenue of $3.1 billion and employs over 5,700 people globally. The company remains committed to delivering advanced test solutions and industrial automation technologies.

Positive

• Quarterly cash dividend of $0.10 per share enhances shareholder value.
• Company's revenue was $3.1 billion in 2020, indicating strong financial performance.

Negative

• None.

News Market Reaction – TER

+1.06%

+1.06% Session move

In the trading session that priced this news, TER gained 1.06%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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NORTH READING, Mass., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Teradyne, Inc. (NASDAQ: TER) today announced a quarterly cash dividend of $0.10 per share, payable on December 17, 2021, to shareholders of record as of the close of business on November 24, 2021.

About Teradyne
Teradyne (NASDAQ:TER) brings high-quality innovations such as smart devices, life-saving medical equipment and data storage systems to market, faster. Its advanced test solutions for semiconductors, electronic systems, wireless devices and more ensure that products perform as they were designed. Its Industrial Automation offerings include collaborative and mobile robots that help manufacturers of all sizes improve productivity and lower costs. In 2020, Teradyne had revenue of $3.1 billion and today employs over 5,700 people worldwide. For more information, visit teradyne.com. Teradyne^® is a registered trademark of Teradyne, Inc. in the U.S., and other countries.

Safe Harbor Statement
This release contains forward-looking statements regarding future business prospects, Teradyne’s results of operations, market conditions and the payment of a quarterly dividend. Such statements are based on the current assumptions and expectations of Teradyne’s management and are neither promises nor guarantees of future performance or future payment of dividends. Future dividend declarations, as well as record and payment dates, are subject to board approval.

Contact:
Teradyne, Inc.                                                                                         
Andy Blanchard
Vice President of Corporate Relations
978-370-2425

FAQ

What is the dividend amount announced by Teradyne?

Teradyne announced a dividend amount of $0.10 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on December 17, 2021.

What is the record date for Teradyne's dividend?

The record date for the dividend is November 24, 2021.

How did Teradyne perform financially in 2020?

In 2020, Teradyne reported a revenue of $3.1 billion.