TE Connectivity – Dividend to Increase

TE Connectivity’s board approves the recommendation to raise the annualized dividend to $2.24 per share

SCHAFFHAUSEN, Switzerland (STL.News) TE Connectivity Ltd. (NYSE: TEL) announced today that its Board of Directors approved a recommendation to increase the company’s quarterly dividend from $0.50 to $0.56 per share, for the four fiscal quarters starting in April 2022, the beginning of the third fiscal quarter.  The recommendation would raise the company’s dividend from the annual rate of $2.00 per share to $2.24 per share and will be presented for shareholder approval at the company’s Annual General Meeting of Shareholders on March 9, 2022.