Teradyne, Inc. (TER) to Distribute Quarterly Dividend of $0.13 on September 25th

Teradyne, Inc. (NASDAQ:TER) announced a quarterly dividend on Monday, August 24th. Shareholders of record on Friday, September 4th will be paid a dividend of 0.13 per share on Friday, September 25th. This represents a c) annualized dividend and a yield of 0.1%. The ex-dividend date is Friday, September 4th.

Teradyne has increased its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 1 years. Teradyne has a payout ratio of 11.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Teradyne to earn $11.26 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 4.6%.

Teradyne Price Performance

Shares of NASDAQ TER opened at $366.43 on Wednesday. The stock has a market capitalization of $57.29 billion, a P/E ratio of 50.26, a PEG ratio of 0.74 and a beta of 1.78. Teradyne has a one year low of $109.56 and a one year high of $487.91. The firm’s 50 day simple moving average is $384.25 and its two-hundred day simple moving average is $355.78.

Teradyne (NASDAQ:TER) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.09 by $0.38. Teradyne had a net margin of 25.77% and a return on equity of 39.93%. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the business posted $0.57 EPS. The business’s quarterly revenue was up 103.9% on a year-over-year basis. As a group, equities analysts expect that Teradyne will post 9.1 earnings per share for the current fiscal year.

Teradyne Company Profile

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.