TE Connectivity Ltd. announced that its board of directors proposed to pay an ordinary cash dividend in the amount of $1.48 per share out of reserves from capital contributions in Swiss statutory accounts. Subject to the cap, payment of the dividend will be made in four equal quarterly installments of $0.37, with the first installment to be paid on June 10, 2016 to shareholders of record at the close of business on May 27, 2016, the second installment to be paid on September 9, 2016 to shareholders of record at the close of business on August 26, 2016, the third installment to be paid on December 9, 2016 and the fourth installment to be paid on March 10, 2017 to shareholders of record at the close of business on February 24, 2017.