TE Connectivity announces approval of quarterly dividends by shareholders at 2022 Annual General Meeting

Rhea-AI Summary

TE Connectivity Ltd. (NYSE: TEL) announced that its shareholders approved a $2.24 per share annual dividend at the Annual General Meeting on March 9, 2022. This dividend will be paid in four quarterly installments of $0.56. The payment dates are set for June 3, September 2, December 2, 2022, and March 3, 2023. Shareholders must be on record by May 20, August 19, November 18, and February 17, 2023, respectively, to receive their dividends. TE Connectivity is a global leader in connectivity and sensor solutions, with over 85,000 employees across 140 countries.

Positive

• Dividend approval of $2.24 per share indicates strong shareholder returns.
• Quarterly dividends of $0.56 demonstrate a commitment to providing income to shareholders.

Negative

• None.

SCHAFFHAUSEN, Switzerland, March 9, 2022 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today announced that at the company's Annual General Meeting of Shareholders held on March 9, 2022, the shareholders approved that a dividend of $2.24 per share be distributed to shareholders in four equal quarterly installments of $0.56, as follows:

TEL Quarter, Fiscal Year	Payment Date	Record Date
3rd Quarter, Fiscal Year 2022	June 3, 2022	May 20, 2022
4th Quarter, Fiscal Year 2022	September 2, 2022	August 19, 2022
1st Quarter, Fiscal Year 2023	December 2, 2022	November 18, 2022
2nd Quarter, Fiscal Year 2023	March 3, 2023	February 17, 2023

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 more than 85,000 employees, including over 8,000 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.

FAQ

What is the dividend amount for TE Connectivity (TEL)?

The dividend amount is $2.24 per share.

When is the next dividend payment for TEL?

The next dividend payment is scheduled for June 3, 2022.

How often does TE Connectivity pay dividends?

TE Connectivity pays dividends quarterly.

What are the record dates for TE Connectivity dividends?

The record dates are May 20, August 19, November 18, and February 17 for the respective quarterly payments.