Teradyne Declares Quarterly Cash Dividend

Rhea-AI Summary

Teradyne (NASDAQ: TER) has announced a quarterly cash dividend of $0.10 per share, payable on September 24, 2021. Shareholders of record as of the close of business on September 1, 2021 will be eligible for this dividend. In 2020, Teradyne reported a revenue of $3.1 billion and currently employs 5,600 individuals. The company focuses on high-quality innovations in testing solutions and industrial automation, contributing to productivity improvements for manufacturers.

Positive

• Quarterly cash dividend of $0.10 per share to be paid on September 24, 2021.
• Strong financial performance with $3.1 billion in revenue for 2020.
• Established position in innovative testing solutions and industrial automation.

Negative

• None.

NORTH READING, Mass., Aug. 17, 2021 (GLOBE NEWSWIRE) -- Teradyne, Inc. (NASDAQ: TER) today announced a quarterly cash dividend of $0.10 per share, payable on September 24, 2021 to shareholders of record as of the close of business on September 1, 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 5,600 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 declared by Teradyne?

Teradyne declared a quarterly cash dividend of $0.10 per share.

When will Teradyne's dividend be paid?

The dividend will be paid on September 24, 2021.

Who is eligible for the Teradyne dividend?

Shareholders of record as of the close of business on September 1, 2021, are eligible.

What were Teradyne's revenues in 2020?

Teradyne reported revenues of $3.1 billion in 2020.