TE Connectivity plc increased its regular quarterly cash dividend to $0.78 per ordinary share, a 10% rise from the $0.71 paid in the prior quarter. The dividend will be paid on June 12 2026 to shareholders of record as of May 22 2026. In addition, the board approved a $3.0 billion expansion of the company’s share‑repurchase program, raising the total authorized buyback amount.
The capital‑return moves come after a strong first‑quarter fiscal 2026 performance. Adjusted earnings per share reached $2.72, up 33% year‑over‑year, while revenue climbed to $4.67 billion, beating consensus estimates of $4.52 billion. Adjusted operating margin expanded to 22.2%, a 180‑basis‑point lift from the 20% margin reported in the fourth quarter of fiscal 2025.
Both of TE Connectivity’s core segments—Transportation Solutions and Industrial Solutions—contributed to the growth. Sales rose 22% year‑over‑year in the first quarter, driven by robust demand in data‑center and power‑connectivity applications for AI, energy grid hardening, and next‑generation vehicles. Industrial Solutions posted a 24% year‑over‑year increase in 2025, while Transportation Solutions also delivered solid performance, supporting the company’s record quarterly orders of over $5 billion.
CEO Terrence Curtin highlighted the company’s execution, noting that teams delivered earnings growth of more than 30% and sales growth of over 20%, both above guidance. He added that investments in data and power connectivity are broadening growth across key applications and that the company expects double‑digit sales and adjusted earnings growth in the next quarter as it continues to innovate with customers.
The dividend hike and buyback expansion signal TE Connectivity’s confidence in its free‑cash‑flow generation and its commitment to returning value to shareholders. The company has increased its dividend for 12 consecutive years and has a history of using capital‑return programs to support high valuation multiples while preserving flexibility for future investments.
The market reaction to the earnings announcement was mixed, reflecting the company’s strong performance amid broader market conditions.
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