TE Connectivity As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
TEL $2.36 5.4% 12.0% 4.2%
Business yield Hike yrs 5 yr CAGR freq. paid since
Connectivity & Sensor Solutions 1.9% 13 6.0% Quarter 2007

TE Connectivity (TEL) will raise its quarterly dividend by 10 percent to $0.44 per share in the second quarter of 2018. This follows last year's dividend hike from $0.37 to $0.40 per share.

The next dividend will be payable on June 8, 2018, to shareholders of record at the close of business on May 25, 2018. The new dividend yield for TEL is 1.9% and 2018 marks the 8th consecutive year of dividend increases by the company.

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.