Dividend Update for TE Connectivity: Essential Insights Before May 21, 2025 Ex-Dividend Date

Generated by AI AgentAinvest Dividend Digest
Saturday, May 17, 2025 7:11 pm ET1min read
TE Connectivity has recently announced a dividend of $0.710 per share, with the ex-dividend date set for May 21, 2025, and the payment scheduled for Jun 10, 2025. This dividend represents a significant increase compared to the average of the last ten dividends, which stands at $0.357. Previously, on Mar 7, 2025, the company distributed a dividend of $0.650 per share, indicating a consistent upward trend in payouts. The dividend type is cash dividend, underscoring the company's commitment to rewarding its shareholders.

Over the past week, has been at the forefront of several noteworthy developments. Most prominently, the company's shares surged by 26%, marking a notable recovery from previous fluctuations. This uptick reflects growing investor confidence in TE Connectivity's market position and prospects. Analysts have highlighted the firm's robust revenue growth of 4.40% and a commendable return on equity of 11.22%, affirming its stable financial health.

Additionally, a recent strategic move by Point72 Asset Management L.P. saw an increase in its stake in TE Connectivity, boosting its position by an impressive 1,089.8% during the fourth quarter. This substantial investment signals strong institutional trust in the company's future trajectory. Furthermore, TE Connectivity’s CEO, Terrence Curtin, has been actively engaging with industry stakeholders, as seen in his recent presentation at Bernstein's 41st annual event, where he discussed the company's leadership in connectors and sensors.

In conclusion, TE Connectivity is displaying strong momentum and value prospects, evident from its latest financial metrics and strategic engagements. With the ex-dividend date approaching on May 21, 2025, investors are reminded that this date marks the cutoff for eligibility to receive the upcoming dividend. Purchases made after this date will not qualify for the dividend payout.

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