On August 17, 2021, Teradyne TER announced shareholders can expect to receive a dividend payable on September 24, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. Teradyne has an ex-dividend date set for for August 31, 2021. The company's current dividend payout is $0.1, which equates to a dividend yield of 0.34% at current price levels.
What Is An Ex-Dividend Date?
Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.
Teradyne's Dividend Payouts And Yields
Over the past year, Teradyne has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on September 2, 2020 the company's payout was $0.1, which has returned to its value today. Teradyne's dividend yield last year was 0.44%, which has since decreased by 0.1%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.
To read more news on Teradyne click here
To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.