TE Connectivity raises dividend by 5.4% to $0.59, starting third fiscal quarter

• TE Connectivity (NYSE:TEL) declares $0.59/share quarterly dividend, 5.4% increase from prior dividend of $0.56.
• Forward yield 1.93%
• The dividend raise is for the four fiscal quarters starting in April 2023, the beginning of the third fiscal quarter.
• The recommendation would raise the company's dividend from the annual rate of $2.24 per share to $2.36 per share, and will be presented for shareholder approval at the company's Annual General Meeting of Shareholders on March 15, 2023.
• See TEL Dividend Scorecard, Yield Chart, & Dividend Growth.