Raytheon Raises Dividend

For the 15th year in a row, Raytheon (RTN) has raised its dividend. The quarterly payout will rise from from 86.75 cents to 94.25 cents per share. That’s an increase of 8.6%.

“With today’s announcement, we have increased our annual dividend for 15 consecutive years,” said Thomas A. Kennedy, Raytheon Chairman and CEO. “The dividend increase is a key part of our capital deployment strategy, and reflects our confidence in the company’s growth outlook and our continued focus on creating value for shareholders.”

The new dividend will be paid on May 9 to shareholders of record as of the close of business on April 10.

Posted by on March 20th, 2019 at 5:25 pm


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