Teradyne Declares Quarterly Cash Dividend

Rhea-AI Summary

Teradyne, Inc. (NASDAQ: TER) has announced a quarterly cash dividend of $0.11 per share, to be paid on September 23, 2022, to shareholders who are on record by the close of business on August 31, 2022. The company, which generated $3.7 billion in revenue in 2021, specializes in high-quality innovations including advanced test solutions and industrial automation products. The release highlights the ongoing commitment to returning value to shareholders through consistent dividend payments.

Positive

• Quarterly cash dividend of $0.11 per share indicates strong shareholder return policy.
• Stable revenue of $3.7 billion in 2021 suggests solid market position and operational performance.

Negative

• Future dividend payments are subject to board approval, indicating potential uncertainty.

NORTH READING, Mass., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Teradyne, Inc. (NASDAQ: TER) today announced a quarterly cash dividend of $0.11 per share, payable on September 23, 2022, to shareholders of record as of the close of business on August 31, 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 6,300 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 amount of Teradyne's quarterly dividend?

Teradyne's quarterly cash dividend is $0.11 per share.

When will Teradyne's dividend be paid?

The dividend will be paid on September 23, 2022.

What is the record date for Teradyne's dividend?

The record date for the dividend is August 31, 2022.

How much revenue did Teradyne generate in 2021?

Teradyne generated $3.7 billion in revenue in 2021.

Is Teradyne's dividend sustainable?

While Teradyne has a strong dividend history, future payments are subject to board approval.