Teradyne Declares Quarterly Cash Dividend

Rhea-AI Summary

Teradyne, Inc. (NASDAQ: TER) has announced a quarterly cash dividend of $0.10 per share, scheduled for payment on September 25, 2020, to shareholders recorded as of September 3, 2020. In 2019, the company generated $2.3 billion in revenue and employed 5,500 people worldwide, providing advanced test solutions and industrial automation offerings. The announcement also includes a Safe Harbor Statement regarding forward-looking statements related to future business conditions and dividend payments, which are subject to board approval.

Positive

• Quarterly cash dividend of $0.10 per share provides income for shareholders.
• Strong revenue of $2.3 billion in 2019 demonstrates company stability.
• Established workforce of 5,500 indicates operational capacity.

Negative

• None.

NORTH READING, Mass., Aug. 20, 2020 (GLOBE NEWSWIRE) -- Teradyne, Inc. (NASDAQ: TER) today announced a quarterly cash dividend of $0.10 per share, payable on September 25, 2020 to shareholders of record as of the close of business on September 3, 2020.

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 2019, Teradyne had revenue of $2.3 billion and today employs 5,500 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

When is Teradyne's dividend payment date?

Teradyne's dividend payment date is September 25, 2020.

What is the amount of Teradyne's recent dividend?

The recent dividend amount is $0.10 per share.

What are the record dates for Teradyne's dividend?

The record date for Teradyne's dividend is September 3, 2020.

Is Teradyne's dividend sustainable?

Future dividend declarations are subject to board approval and market conditions.