Teradyne Declares Quarterly Cash Dividend

Rhea-AI Summary

Teradyne, Inc. (NASDAQ: TER) announced a quarterly cash dividend of $0.10 per share, to be paid on June 18, 2021, to shareholders of record by the close of business on May 26, 2021. In 2020, the company generated $3.1 billion in revenue and employs 5,500 people globally. Teradyne specializes in providing advanced testing solutions for a variety of technologies and offers industrial automation products, including collaborative robots aimed at enhancing productivity. Forward-looking statements regarding dividends and financial performance are subject to board approval.

Positive

• Quarterly cash dividend of $0.10 per share boosts shareholder income.
• Strong revenue of $3.1 billion in 2020 indicates solid business performance.

Negative

• None.

NORTH READING, Mass., May 06, 2021 (GLOBE NEWSWIRE) -- Teradyne, Inc. (NASDAQ: TER) today announced a quarterly cash dividend of $0.10 per share, payable on June 18, 2021 to shareholders of record as of the close of business on May 26, 2021.

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 2020, Teradyne had revenue of $3.1 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 will the dividend for Teradyne be paid?

The dividend will be paid on June 18, 2021.

What is the record date for Teradyne's dividend?

The record date for the dividend is May 26, 2021.

What are the main business areas of Teradyne?

Teradyne specializes in advanced test solutions for semiconductors, electronic systems, and industrial automation products.