TE Connectivity Ltd. (NYSE:TEL) Updates On Dividend Release Date


On 2016-08-11, TE Connectivity Ltd. (NYSE:TEL) confirmed the dividend disbursement of $0.37 a share to shareholders as on record 2016-08-26. The firm will release dividend on 2016-09-09 while ex-dividend date is reported to be 2016-08-24.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, TE Connectivity Ltd. (NYSE:TEL) paid a total of $0.37 per share in dividends. This figure stood at $0.37 a share in the same period a year ago indicating a deviation of 14.8148%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $67.166 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $75 and $63, respectively.

Taking the mathematical rating formula, the price for TE Connectivity Ltd. (NYSE:TEL) stands at 1.92. Earnings Review TE Connectivity Ltd. (NYSE:TEL) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-26. For the period ending on 2016-09-30, experts are expecting EPS of $1.2.

Coming to the quarter ending on 2015-09-30, TE Connectivity Ltd. (NYSE:TEL) recorded EPS of $1.08. The reported numbers came lower than the analysts’ estimates of $1.04, demonstrating a miss of $0.04 as against reported figures.

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