Switzerland based diversified electronics company TE Connectivity (TEL) will raise its quarterly dividend by 16 percent to $0.29 per share. The annual yield on the increased dividend is 1.9%.
TE Connectivity Ltd. is a technology and manufacturing company. Its connectivity and sensor solutions are used worldwide in transportation, industrial applications, medical technology, energy, data communications, and at home. TEL operates through three segments: Transportation Solutions, Industrial Solutions and Communications Solutions.