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Boeing Boosts Dividend, Share Repurchase Program

Cal Biesecker By
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Boeing Boosts Dividend, Share Repurchase Program
Boeing President and CEO Dennis Muilenburg. Photo: Boeing

Flush with strong cash flow, Boeing [BA] on Monday said it is increasing its shareholder dividend and replacing its stock repurchase program with a larger one.The new quarterly dividend will be $1.71 per share, a 20 percent increase over the current level, and will be payable in March 2018. Boeing said it has raised its dividend more than 250 percent over the past five years.The new $18 billion share repurchase authorization replaces a $14 billion program approved in December 2016,…

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