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Raytheon Increases Dividend

Cal Biesecker By
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Raytheon Increases Dividend

Raytheon [RTN] on Wednesday said its board had voted to increase the company’s annual dividend by nearly 9 percent, marking the 14th consecutive annual increase in the payment to shareholders.The company’s annual dividend is currently $3.19 per share and will increase to $3.47 per share.“With today’s announcement, we have increased our annual dividend for 14 consecutive years,” Thomas Kennedy, Raytheon’s chairman and CEO, said in a statement. “The dividend increase is a key part of our capital deployment strategy, and…

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