TE Connectivity's last quarterly dividend of $0.56 per share was on Feb 16, 2023 (ex-date). At an annualized rate of $2.24 per share, the stock yields 1.8%.
TEL has a dividend yield of 1.8% which is higher than the Technology sector and the industry average. But in comparison with the Technology sector average of 1.76%, TE Connectivity's dividend yield is only 2.3% higher. Historically TEL's dividend yield has averaged at 1.7% 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 12% since one year ago. And with the stock price down by 7% from a year ago, the dividend yield has grown by 20%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 31.9% which is higher than the Technology sector and the industry average but lower than its peers average. If we compare it with the Technology sector average of 29.7%, TE Connectivity's payout ratio is 7% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MMM 3M Co | 5.72% | $5.97 | 58.5% |
| GLW Corning Inc | 3.28% | $1.09 | 69.9% |
| TEL TE Connectivity Ltd | 1.8% | $2.24 | 31.9% |
| APH Amphenol Corp | 1.04% | $0.81 | 25.4% |
| LFUS Littelfuse Inc | 0.91% | $2.33 | 15.4% |
Yes, TE Connectivity has been paying dividends for the last 16 years.
TEL hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in May 2023.
TE Connectivity's last regular dividend was on Feb 16, 2023 (ex-date) with the amount of $0.56 per share.
TEL's annualized dividend per share is $2.24.
Currently TE Connectivity's dividend yield is 1.8%.
TE Connectivity pays dividends quarterly.
The dividend payout ratio of TE Connectivity is 31.9%.
TE Connectivity's dividend yield is in line with the Technology sector average.