Teradyne Boosts Quarterly Cash Dividend By 9% From $0.11 To $0.12 Per Share
Portfolio Pulse from Benzinga Newsdesk
Teradyne has announced a 9% increase in its quarterly cash dividend, raising it from $0.11 to $0.12 per share. The dividend is payable on March 15, 2024, to shareholders of record as of February 16, 2024.
January 22, 2024 | 10:13 pm
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Teradyne has raised its quarterly dividend by 9%, which may be seen as a sign of financial strength and commitment to returning value to shareholders.
Increasing dividends is typically perceived positively by the market as it suggests a company is confident in its financial stability and future earnings. This can attract income-focused investors and potentially boost the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100