Teradyne Declares Quarterly Cash Dividend

Rhea-AI Summary

NORTH READING, Mass., Nov. 09, 2020 - Teradyne announced a quarterly cash dividend of $0.10 per share, set for payment on December 18, 2020. Shareholders of record on November 25, 2020 will receive the dividend. In 2019, Teradyne reported $2.3 billion in revenue and employs approximately 5,500 staff worldwide.

The company specializes in test solutions for semiconductors and automation, enhancing product quality and efficiency across various sectors.

Positive

• Quarterly cash dividend of $0.10 per share enhances shareholder income.
• Strong revenue of $2.3 billion reported in 2019.

Negative

• Forward-looking statements raise uncertainty about future dividend payments.
• Future dividends are subject to board approval, indicating potential variability.

NORTH READING, Mass., Nov. 09, 2020 (GLOBE NEWSWIRE) -- Teradyne, Inc. (Nasdaq: TER) today announced a quarterly cash dividend of $0.10 per share, payable on December 18, 2020 to shareholders of record as of the close of business on November 25, 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

What is the dividend amount announced by Teradyne?

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

When is the dividend payment date for Teradyne?

The dividend is payable on December 18, 2020.

What are the record dates for Teradyne's dividend?

Shareholders must be on record by November 25, 2020.

What was Teradyne's revenue in 2019?

Teradyne reported a revenue of $2.3 billion in 2019.

How many employees does Teradyne have?

Teradyne employs approximately 5,500 people worldwide.