21 March 2014
Raytheon Company´s (NYSE: RTN) board of directors said it has voted to increase the company´s annual dividend payout rate by ten percent, from USD2.20 to USD2.42 per share.
The board also authorized payment of a quarterly cash dividend of USD0.605 per outstanding share of common stock, to be paid on May 1, 2014, to shareholders of record as of the close of business on April 2, 2014. Payment of quarterly dividends is subject to board authorization.
“Based on Raytheon´s strong financial position and outlook, we have raised our annual dividend for the tenth consecutive year,” said William H. Swanson, Raytheon´s chairman and CEO.
Raytheon is a technology and innovation leader specializing in defense, security and civil markets throughout the world. With a history of innovation spanning 92 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as cyber security and a broad range of mission support services. Its website is at www.raytheon.com and on Twitter @Raytheon.