TE Connectivity Raises Dividend by 9.9%, Boosts Stock Buyback by $3 Billion

Dow Jones03-12
 

By Colin Kellaher

 

TE Connectivity board has raised the company's quarterly dividend by 9.9%, to 78 cents a share from 71 cents, and added $3 billion to the connectivity and sensor solutions provider's share-repurchase program.

The new quarterly payout, equal to $3.12 a year, represents an annual yield of about 1.52% based on Wednesday's closing price of $205.14, up from 1.38%.

The Galway, Ireland-based company said the increased dividend is payable June 12 to shareholders of record May 22.

TE Connectivity, which had about 293.4 million shares outstanding as of Jan. 16, sports a market capitalization topping $59.5 billion.

The company had $983 million of availability remaining under its share-repurchase authorization as of Dec. 26, 2025.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

March 11, 2026 16:52 ET (20:52 GMT)

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