TE Connectivity's last quarterly dividend of $0.59 per share was on Aug 17, 2023 (ex-date). At an annualized rate of $2.3 per share, the stock yields 1.86%.
TEL has a dividend yield of 1.86% which is higher than the industry average. Historically TEL's dividend yield has averaged at 1.8% in the last 5 years, which is in line with the current one.
TE Connectivity has a history of paying dividends since 2007. Our records of TEL show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 8% since one year ago. However with the stock price up by 12% from a year ago, the dividend yield marks a decrease of 3.2%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 17, 2023 | Sep 1, 2023 | Mar 15, 2023 | $0.59 | normal |
| May 18, 2023 | Jun 2, 2023 | Mar 15, 2023 | $0.59 | normal |
| Feb 16, 2023 | Mar 3, 2023 | Mar 9, 2022 | $0.56 | normal |
| Nov 17, 2022 | Dec 2, 2022 | Mar 9, 2022 | $0.56 | normal |
| Aug 18, 2022 | Sep 2, 2022 | Mar 9, 2022 | $0.56 | normal |
| May 19, 2022 | Jun 3, 2022 | Mar 9, 2022 | $0.56 | normal |
| Feb 17, 2022 | Mar 4, 2022 | Mar 11, 2021 | $0.5 | normal |
| Nov 18, 2021 | Dec 3, 2021 | Mar 11, 2021 | $0.5 | normal |
| Aug 19, 2021 | Sep 3, 2021 | Mar 11, 2021 | $0.5 | normal |
| May 20, 2021 | Jun 4, 2021 | Mar 11, 2021 | $0.5 | normal |
| Feb 18, 2021 | Mar 5, 2021 | Feb 2, 2021 | $0.48 | normal |
| Nov 19, 2020 | Dec 4, 2020 | Nov 3, 2020 | $0.48 | normal |
| Aug 20, 2020 | Sep 4, 2020 | Aug 4, 2020 | $0.48 | normal |
| May 21, 2020 | Jun 5, 2020 | May 5, 2020 | $0.48 | normal |
| Feb 20, 2020 | Mar 6, 2020 | Feb 4, 2020 | $0.46 | normal |
| Nov 21, 2019 | Dec 6, 2019 | Nov 6, 2019 | $0.46 | normal |
| Aug 22, 2019 | Sep 6, 2019 | Aug 8, 2019 | $0.46 | normal |
| May 23, 2019 | Jun 7, 2019 | May 8, 2019 | $0.46 | normal |
| Feb 21, 2019 | Mar 8, 2019 | Feb 11, 2019 | $0.44 | normal |
| Nov 21, 2018 | Dec 7, 2018 | Nov 8, 2018 | $0.44 | normal |
| Aug 23, 2018 | Sep 7, 2018 | Aug 8, 2018 | $0.44 | normal |
| May 24, 2018 | Jun 8, 2018 | May 9, 2018 | $0.44 | normal |
| Feb 22, 2018 | Mar 9, 2018 | Feb 7, 2018 | $0.4 | normal |
| Feb 22, 2017 | Mar 10, 2017 | Feb 14, 2017 | $0.37 | normal |
| Nov 22, 2016 | Dec 9, 2016 | Nov 16, 2016 | $0.37 | normal |
| Aug 24, 2016 | Sep 9, 2016 | Aug 11, 2016 | $0.37 | normal |
TEL has a payout ratio of 35.3% which is higher than the Technology sector and the industry average. If we compare it with the Technology sector average of 32.6%, TE Connectivity's payout ratio is 8% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MMM 3M Co | 6.65% | $5.99 | N/A |
| GLW Corning Inc | 3.69% | $1.11 | 148% |
| TEL TE Connectivity Ltd | 1.87% | $2.3 | 35.3% |
| APH Amphenol Corp | 1.02% | $0.84 | 26.3% |
| LFUS Littelfuse Inc | 1% | $2.45 | 18.5% |
Yes, TE Connectivity has been paying dividends for the last 16 years.
TEL has announced its next dividend with ex-date Nov 16, 2023.
TE Connectivity's last regular dividend was on Aug 17, 2023 (ex-date) with the amount of $0.59 per share.
TEL's annualized dividend per share is $2.3.
Currently TE Connectivity's dividend yield is 1.86%.
TE Connectivity pays dividends quarterly.
The dividend payout ratio of TE Connectivity is 35.3%.
TE Connectivity's dividend yield is in line with the Technology sector average.