ADVFN - Advanced Financial Network.
HOME» NYSE » R » RTN Stock Price » RTN Stock News

Raytheon Share News

 Raytheon Co. Stock Price
RTN Stock Price
 Raytheon Co. Stock Chart
RTN Stock Chart
 Raytheon Co. Stock News
RTN Stock News
 Raytheon Co. Company Information
RTN Company Information
 Raytheon Co. Stock Trades
RTN Stock Trades

MARKETWATCH VIEW: Move Over, Uncle Sam--Top Dividends Beat Bonds

By Brett Arends A DOW JONES COLUMN Gulp! Nervous times again. Suddenly everyone is afraid of a double dip. The Dow Jones Industrial Average is down six weeks in a row, tumbling below 12000 for the first time since the Japanese panic in March. Nervous investors are stampeding into the "safety" of Treasury bonds instead, driving up prices across the board. Should you follow suit? Hmmm. Here's a slightly contrarian point of view. The rush into Treasurys has driven the yield on 10-year bonds tumbling, below 3%. Meanwhile, the selloff on Wall Street has driven stock yields in the opposite direction. You can now find top quality blue-chip stocks that offer dividend yields better than 3%. No, they're not perfectly comparable. Stock dividends, unlike Treasury coupons, aren't guaranteed. But neither are they capped: Over time, companies increase their dividends. Regular Treasury bonds don't hike their coupons after a good year. Furthermore, bond coupons are taxed as ordinary income. Stock dividends are taxed more lightly. Using FactSet, I ran a screen of large-cap stocks, valued at more than $10 billion, where the dividend yield exceeds 3%. To cut down on the risks, I also weeded out stocks that were trading at more than 16 times forecast earnings, and where interest cover is less than two times. Abut 50 stocks passed the test. A decent number. They range from telecom providers like AT&T (T) to consumer staples like Campbell's Soup (CPB), Kimberly-Clark (KMB), H.J. Heinz (HNZ) and Kellogg (K). They include a lot of big drug companies, such as Abbott Labs (ABT) and Eli Lilly (LLY) defense contractors like Raytheon (RTN); some industrials, tobacco companies, and plenty of those old dividend standbys, utilities, like Consolidated Edison (ED). Even Limited Brands (LTD), parent of Victoria's Secret, makes the cut. At a time when investors and savers are desperate for income, some of these are worth a serious look. Several of the names are investments held by Warren Buffett's Berkshire Hathaway (BRKA, BKRB), which may reassure anyone feeling nervous about jumping in here. They are Kraft (KFT), Procter & Gamble (PG), Johnson & Johnson (JNJ), and Swiss drug company Sanofi-Aventis (SNY). (A few other Buffett holdings just miss the cut. Coca-Cola (KO) now yields 2.7%, and Wal-Mart (WMT) 2.5%.) 10 stocks that beat Treasurys If you're looking to jump in, the easiest move--and maybe the smartest one--is to buy a low-cost "large-cap value" fund that invests in blue chips with good yields. Name Industry Dividend Yield Altria Group Inc. (MO) Tobacco 5.8% Verizon Inc. (VZ) Telecom 5.6% American Electric Power Co. (AEP) Power 4.9% Merck & Co. (MRK) Drugs 4.4% Lockheed Martin Corp. (LMT) Defense 3.9% Johnson & Johnson Consumer 3.4% DuPont Co. (DD) Chemicals 3.3% M&T Bank Corp. (MTB) Finance 3.3% McDonald's Corp. (MCD) Fast Food 3.1% Chevron Corp. (CVX) Oil 3% (Brett Arends is a writer for MarketWatch. He can be reached at 415-439-6400 or via email at

Stock News for Raytheon (RTN)
11/26/201510:30:00Poland's Ruling Party Seeks to Replace Judge
11/23/201508:00:00Raytheon executives to speak at Credit Suisse 3rd Annual Industrials...
11/22/201512:13:03As the Air War Heats Up, Defense Contractors Rake In Profits
11/20/201509:00:00Raytheon takes next step toward defining Multi-Object Kill Vehicle...
11/19/201512:30:00Latest Patriot takes out two ballistic missiles during first...
11/19/201508:00:00Raytheon completes GPS III launch readiness exercises
11/18/201516:56:00Raytheon Company declares quarterly cash dividend and increases...
11/18/201511:30:00Human Rights Campaign names Raytheon a "Best Place to Work" for...
11/18/201511:14:00Raytheon delivers sonar for DARPA's unmanned anti-submarine warfare...
11/17/201517:01:00Raytheon brings Engineering is Elementary® to San Antonio, TX...
11/16/201516:32:08Current Report Filing (8-k)
11/16/201509:30:00Raytheon's MathAlive! Interactive Exhibit: Military Tour 2016
11/15/201508:13:02American "Stryke" Force Headed for Lithuania?
11/13/201510:00:00Next Generation Jammer completes Preliminary Design Review milestone
11/12/201508:00:00Arizona Technology Council honors Raytheon Missile Systems with...
11/11/201516:22:00Raytheon and Student Veterans of America to award $10,000 scholarships...
11/10/201508:00:00Raytheon marks 200th global delivery of F-15 AESA radar
11/09/201523:59:00Raytheon, Abu Dhabi Ship Building celebrate first decade of partnership
11/09/201513:13:02Lockheed Martin Lands Massive Missile Defense Project
11/09/201508:00:00U.S. Army turns to Raytheon to support aircraft for foreign nations

Raytheon and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations