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Business/Financial

Raytheon Technologies Hikes Dividend, Hayes Set To Assume Chairmanship

By Cal Biesecker

Monday, April 26th, 2021

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Raytheon Technologies Hikes Dividend, Hayes Set To Assume Chairmanship

Raytheon Technologies Executive Chairman Thomas Kennedy, left, and CEO Greg Hayes. Photo: Raytheon Technologies

Raytheon Technologies [RTX] on Monday said its board has increased the company’s quarterly dividend to 51 cents per share, a more than 7 percent boost from the current dividend, payable on June 17. “The increase in our dividend reflects our long-standing commitment to deliver consistent and growing cash returns to shareowners,” Raytheon Technologies CEO Greg Hayes said in a statement. “The outlook for our company is positive and we remain on track to return $18 to $20 billion to shareowners…

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