Sensata Technologies Board Approves Q1 Dividend of $0.11 Per Share

Rhea-AI Summary

Sensata Technologies (NYSE: ST) has announced a quarterly dividend of $0.11 per share, set to be paid on February 22, 2023. Shareholders on record as of February 8, 2023 will receive the dividend. This reflects the company's commitment to returning value to its shareholders, as it continues to strengthen its position in the industrial technology sector. Sensata, with over 21,000 employees and operations in 13 countries, aims to create a cleaner and more connected world through advanced sensor solutions. This dividend showcases the company's confidence in its ongoing financial health and operational efficacy.

Positive

• Declaration of a quarterly dividend of $0.11 per share enhances shareholder value.
• Strong commitment to returning value to shareholders signals operational confidence.
• Company operates globally with extensive employee base, indicating stability.

Negative

• None.

SWINDON, England--(BUSINESS WIRE)-- Sensata Technologies (NYSE: ST), a leading industrial technology company and provider of sensor-rich solutions and insights for customers, today announced that its Board of Directors approved a quarterly dividend in the amount of $0.11 per share. The Company will pay this first quarter 2023 dividend on February 22, 2023, to shareholders of record as of February 8, 2023.

About Sensata Technologies

Sensata Technologies is a global industrial technology company striving to create a cleaner, more efficient, electrified and connected world. Through its broad portfolio of sensors, electrical protection components and sensor-rich solutions which create valuable business insights, Sensata helps its customers address increasingly complex engineering and operating performance requirements. With more than 21,000 employees and global operations in 13 countries, Sensata serves customers in the automotive, heavy vehicle & off-road, industrial, and aerospace markets. Learn more at www.sensata.com and follow us on LinkedIn, Facebook, and Twitter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230125005775/en/

Investor:

Jacob Sayer

+1 (508) 236-1666

jsayer@sensata.com

Media:

Alexia Taxiarchos

+1 (617) 259-8172

ataxiarchos@sensata.com

Source: Sensata Technologies

FAQ

What is the dividend amount announced by Sensata Technologies?

Sensata Technologies announced a quarterly dividend of $0.11 per share.

When will the dividend be paid to shareholders of Sensata Technologies?

The dividend will be paid on February 22, 2023.

What is the record date for the dividend payment by Sensata Technologies?

The record date for the dividend payment is February 8, 2023.

How many employees does Sensata Technologies have?

Sensata Technologies has over 21,000 employees.

In how many countries does Sensata Technologies operate?

Sensata Technologies operates in 13 countries globally.