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Boeing Boosts Dividend, Resumes Stock Buybacks

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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…

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