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Raytheon Increases Dividend

By Cal Biesecker

Wednesday, March 29th, 2017

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Raytheon Increases Dividend

Raytheon Chairman and CEO Tom Kennedy. Photo: Raytheon

Raytheon [RTN] on Wednesday said its board voted to increase the company’s annual dividend by 9 percent, marking the 13th straight year of increasing the shareholder payout.The new annual dividend will be $3.19 per share, up from $2.93.“With today’s announcement, have increased out annual dividend 13 consecutive years,” Thomas Kennedy, Raytheon’s chairman and CEO, said in a statement. “The dividend increase is a key part of our balanced capital deployment strategy, and reflects our confidence in the company’s growth and…

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