December 3, 2015

Source: Telecompaper

"TE Connectivity recommends higher div for next year"
TE Connectivity's board of directors has approved an increase to the company's quarterly dividend by 12 percent. From April, the start of the company's third fiscal quarter, the dividend will go to USD 0.37 from 0.33 to USD 0.37 per share for the four fiscal quarters. The recommendation raises the company's dividend by 12 percent to USD 1.48 from the annual rate of 1.32 per share, and will be presented for shareholder approval at the company's Annual General Meeting of Shareholders on 2 March. The recommendation represents the sixth consecutive year of double-digit increases to the company's annual dividend rate.

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