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TE Connectivity Board Approves 5.4% Dividend Increase

By Colin Kellaher


TE Connectivity Ltd. on Friday said its board approved a recommendation to raise the quarterly dividend by 5.4%, to 59 cents a share from 56 cents, for the four fiscal quarters starting in April.

The new quarterly rate, equal to $2.36 a year, would represent an annual yield of about 1.93% based on Thursday's closing price of $122.13, up from about 1.83%.

The Schaffhausen, Switzerland, industrial-technology company said it will present the dividend increase for shareholder approval at its annual general meeting in March.


Write to Colin Kellaher at


(END) Dow Jones Newswires

December 09, 2022 06:32 ET (11:32 GMT)

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