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Boeing Increases Dividend, Share Buyback Plan

Cal Biesecker By
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Boeing Increases Dividend, Share Buyback Plan
Boeing Chairman and CEO Jim McNerney. Photo: Boeing

Boeing [BA] on Monday said its board has approved an increase in the company’s quarterly dividend payment and an expansion of its share repurchase program on the basis of continued financial strength. The quarterly dividend will increase 25 percent to 91 cents per share payable next March. The new share repurchase program is $12 billion and replaces a program approved in 2013 that had $4.8 billion remaining. The company said repurchase activity for 2014 is complete and will likely resume…

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