Teradyne Declares Quarterly Cash Dividend

Rhea-AI Summary

Teradyne (NASDAQ: TER) has announced a quarterly cash dividend of $0.10 per share, set to be paid on June 19, 2020. Shareholders of record as of the close of business on May 27, 2020 will be eligible for this dividend. Teradyne, specializing in test solutions for various high-tech markets including semiconductors and industrial automation, reported $2.3 billion in revenue for 2019. The company currently employs 5,500 people globally, highlighting its significant market presence.

Positive

• Quarterly cash dividend of $0.10 per share reinforces commitment to returning value to shareholders.
• Strong revenue of $2.3 billion in 2019 indicates robust business performance.

Negative

• None.

NORTH READING, Mass., May 07, 2020 (GLOBE NEWSWIRE) -- Teradyne, Inc. (NASDAQ: TER) today announced a quarterly cash dividend of $0.10 per share, payable on June 19, 2020 to shareholders of record as of the close of business on May 27, 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 has announced a quarterly cash dividend of $0.10 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on June 19, 2020.

What is the record date for the dividend payment?

The record date for the dividend payment is May 27, 2020.

How much revenue did Teradyne generate in 2019?

Teradyne generated $2.3 billion in revenue in 2019.

What is the stock symbol for Teradyne?

The stock symbol for Teradyne is TER.