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Raytheon Increases Dividend

Cal Biesecker By
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Raytheon Increases Dividend
Raytheon Chairman and CEO William Swanson

Raytheon [RTN] on Wednesday said its board has voted to increase the company’s annual dividend by 10 percent given its strong financial footing. The annual dividend will increase by 20 cents to $2.42 per share payable on May 1. The increase equates to a quarterly dividend of 65 cents per share. “Based on Raytheon’s strong financial position and outlook, we have raised our annual dividend for the 10th consecutive year,” William Swanson, the company’s chairman and CEO, said in a…

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