Boeing [BA] yesterday said it is increasing its quarterly dividend by 10 percent and will resume its stock repurchase program given its strong cash flow and outlook. The quarterly dividend is being increased to 48.5 cents per share payable in March 2013. The company has $3.6 billion remaining in its current stock repurchase authorization and plans to buy back between $1.5 billion and $2 billion worth of its shares in 2013. The repurchase program was authorized in 2007. Boeing said…
Recommended
DoD Signs $250 Million Conditional Loan Commitment With U.S. Battery Materials Company
Trending
Congress Updates
Senior GOP HASC Members Wittman, Turner Ousted Amid Dems’ Blue Wave
Two senior Republicans on the House Armed Services Committee, including a potential frontrunner for the panel’s top GOP role, have officially lost their reelection bids. Reps. Rob Wittman (R-Va.) and […]
Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off
Democrats’ sweeping victories in Tuesday’s midterms, taking back control of the House and Senate, are set to reshape key spots atop defense committees, to include House Armed Services panels and […]
Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia
As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]
‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says
In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]