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Business/Financial

Raytheon Boosts Dividend

DDN

Thursday, March 26th, 2009

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Raytheon [RTN] yesterday said it will increase its annual stock dividend by 11 percent from $1.12 to $1.24 per share, signaling the company's confidence in its financial position. Quarterly dividend payments of 31 cents per share will commence on May 1 to shareholders of record as of the close of business on April 7. "The increase in our dividend reflects our company's strong financial position, our continued confidence in our future and our ongoing commitment to our shareholders," William Swanson,…

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