TE Connectivity announces approval of quarterly dividends by shareholders at 2021 Annual General Meeting

Rhea-AI Summary

TE Connectivity Ltd. (NYSE: TEL) announced that shareholders approved a $2.00 dividend per share at the Annual General Meeting on March 10, 2021. This dividend will be paid in four equal quarterly installments of $0.50. The payment dates are set for June 4, 2021, September 3, 2021, December 3, 2021, and March 4, 2022, with record dates being May 21, 2021, August 20, 2021, November 19, 2021, and February 18, 2022. This decision reflects the company's financial strength and commitment to returning value to shareholders.

Positive

• Dividend approval of $2.00 per share indicates strong financial health.
• Regular dividend payments enhance shareholder confidence.

Negative

• None.

SCHAFFHAUSEN, Switzerland, March 11, 2021 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today announced that at the company's Annual General Meeting of Shareholders held on March 10, 2021, the shareholders approved that a dividend of $2.00 per share be distributed to shareholders in four equal quarterly installments of $0.50, as follows:

TEL Quarter, Fiscal Year	Payment Date	Record Date
3rd Quarter, Fiscal Year 2021	June 4, 2021	May 21, 2021
4th Quarter, Fiscal Year 2021	September 3, 2021	August 20, 2021
1st Quarter, Fiscal Year 2022	December 3, 2021	November 19, 2021
2nd Quarter, Fiscal Year 2022	March 4, 2022	February 18, 2022

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.

View original content to download multimedia:http://www.prnewswire.com/news-releases/te-connectivity-announces-approval-of-quarterly-dividends-by-shareholders-at-2021-annual-general-meeting-301245440.html

SOURCE TE Connectivity Ltd.

FAQ

When is the dividend payment date for TEL's 3rd Quarter Fiscal Year 2021?

The payment date for TEL's 3rd Quarter Fiscal Year 2021 dividend is June 4, 2021.

What is the total dividend amount approved by TEL's shareholders?

The total dividend amount approved is $2.00 per share.

What are the record dates for TEL's quarterly dividends?

Record dates for TEL's quarterly dividends are May 21, 2021, August 20, 2021, November 19, 2021, and February 18, 2022.

How often does TE Connectivity pay dividends?

TE Connectivity pays dividends quarterly.