Teradyne Declares Quarterly Cash Dividend

Rhea-AI Summary

Teradyne, Inc. (NASDAQ: TER) announced a quarterly cash dividend of $0.11 per share, payable on June 17, 2022, to shareholders of record as of May 25, 2022. In 2021, Teradyne generated $3.7 billion in revenue and employs over 6,000 staff worldwide. The company specializes in high-quality innovations, including semiconductors and automation technologies. Future dividend declarations are subject to board approval.

Positive

• Quarterly cash dividend of $0.11 per share enhances shareholder income.
• Strong revenue of $3.7 billion in 2021 reflects robust business performance.

Negative

• Future dividend payments are not guaranteed and require board approval.

NORTH READING, Mass., May 12, 2022 (GLOBE NEWSWIRE) -- Teradyne, Inc. (NASDAQ: TER) today announced a quarterly cash dividend of $0.11 per share, payable on June 17, 2022, to shareholders of record as of the close of business on May 25, 2022.

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 2021, Teradyne had revenue of $3.7 billion and today employs over 6,000 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 for Teradyne in 2022?

The dividend amount is $0.11 per share.

When is the dividend payment date for Teradyne?

The dividend is payable on June 17, 2022.

What is the record date for Teradyne's dividend?

The record date is May 25, 2022.

Is Teradyne's dividend payment guaranteed?

No, future dividend payments require board approval.