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 AskNewswires@dowjones.com.)

Stock News for Raytheon (RTN)
DateTimeHeadline
07/19/201608:00:00Raytheon Company to release second quarter 2016 results on July...
07/15/201614:41:00U.S. Rocketry Students Soar at International Championship
07/13/201605:00:00Raytheon, Kongsberg to build Naval Strike Missiles and launchers...
07/12/201608:40:00Raytheon introduces online classes to prepare US residents for...
07/12/201608:00:00Morning Analysis on Aerospace/Defense Products & Services Stocks...
07/12/201605:30:00US Navy awards Raytheon $291 million for AIM-9X
07/12/201604:30:00Raytheon missile fired more than 30 times from the Joint Strike...
07/12/201604:00:00New JSOW C-1 ready for US Navy fleet
07/11/201608:30:00Pentagon May Seek Compensation From Boeing for Delays
07/11/201608:00:00U.S. Army enlists Raytheon to help develop next-generation radar
07/11/201605:40:00U.K. Buys Boeing Patrol Planes, Attack Helicopters
07/11/201605:15:00Raytheon, USAF complete new round of Small Diameter Bomb II flight...
07/10/201604:00:00US Air Force awards Raytheon $34 million to demonstrate advanced...
07/08/201614:06:00Patriot destroys missile and aircraft targets in test
07/07/201608:00:00Raytheon's Air and Missile Defense Radar prepares for live target...
07/01/201612:28:00Raytheon and Thales modify ThalesRaytheonSystems joint venture...
06/27/201608:00:00Raytheon completes milestone for next-generation GPS controls
06/23/201617:55:00The State of Kuwait upgrades its air and missile defense
06/22/201609:50:00BAE Systems Spies Growth in Space Defense
06/22/201608:00:00Raytheon Professional Services wins prestigious award for multilingual...

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 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad