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Raytheon Increases Dividend

Cal Biesecker By
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Raytheon Increases Dividend
Raytheon Chairman and CEO Tom Kennedy. Photo: Raytheon

Raytheon [RTN] on Wednesday evening said its board has approved a double-digit percentage increases in its annual dividend, marking the 11th straight year the company has boosted payment to shareholders.The new annual dividend of $2.68 per share is an 11 percent increase over the previous $2.42 per share. The new quarterly dividend of 67 cents per share will be paid on April 30.“The increase reflects our confidence in the company’s financial outlook and our continued focus on creating value for…

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