Teradyne Declares $0.12 Dividends and Expands Share Buyback Program

Published 10 hours agoTER

Teradyne Declares $0.12 Dividends and Expands Share Buyback Program

Teradyne, Inc. has announced a quarterly cash dividend of $0.12 per share, continuing its regular return of capital to investors. This dividend is slated to be paid on March 14, 2025, with shareholders needing to be on record by February 14, 2025, and the ex-dividend date set for February 13, 2025. The company's annualized dividend yield stands at approximately 0.4%.

In a related financial move, Teradyne is expanding its share repurchase efforts, adding up to $100 million to its existing buyback program for the remainder of 2024. This extension is part of a broader $2 billion initiative, extending beyond merely offsetting potential stock dilution from equity compensation and employee share purchases.

These financial commitments highlight Teradyne's robust fiscal strategy and its dedication to delivering value to shareholders. According to Business Wire, the expansion of the share buyback program reflects the company's belief in its long-term prospects and its strategy to maximize shareholder returns.

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