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


As per TE Connectivity Ltd. (NYSE:TEL) statement on 2016-08-11, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.37 per share as dividend to stakeholders. The record date is set as 2016-08-26, the payout date as 2016-09-09 and the ex-dividend date is 2016-08-24.

Last fiscal TE Connectivity Ltd. (NYSE:TEL) disbursed cash dividend of $0.37. A year ago, the payout was $0.37, which indicates a difference of 14.8148%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.37, implying 14.1428% growth.

For the period ended on 2015-09-30, TE Connectivity Ltd. (NYSE:TEL)’s earnings came at $1.08 per share compared to EPS of $0.9 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-26. For this quarter, the analysts have earnings estimate of $1.2 per share.

The interim price target for TE Connectivity Ltd. (NYSE:TEL) is set at $67.166. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for TE Connectivity Ltd. (NYSE:TEL) is seen at $75 and the lowest level is established at $63. This broad range highlights a standard deviation of $4.355 in reported estimates.

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