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

Raytheon Boosts Annual Dividend 16% In 8th Straight Increase

DOW JONES NEWSWIRES Raytheon Co. (RTN) will increase its annual dividend 16%, extending its streak of higher shareholder payouts for the eighth straight year. The 28-cent increase, to $2 a share, will cost the company about $95 million more each year. Raytheon on Wednesday also declared a 50-cent quarterly dividend as part of the increase. The company's quarterly payouts are subject to authorization by its board. The defense company's raised dividend follows a series of similar increases from a wide range of companies in recent months. Many corporations have boosterd payouts to investors of late to reassure them about future business prospects. Raytheon and other defense companies have been diversifying into growing areas such as cybersecurity and seeking international growth in response to lean U.S. defense spending. The company's latest fourth-quarter profit improved--despite weaker revenue--due to lower costs. "This dividend increase reflects our confidence in the company's future, and represents our continued dedication to a balanced capital deployment strategy made possible by Raytheon's strong financial position," Chairman and Chief Executive William H. Swanson said. Shares were up 1.6% at $52.31 after hours. The stock had climbed 9.3% over the past three months through Wednesday's close. -By Drew FitzGerald, Dow Jones Newswires; 212-416-2909; Andrew.FitzGerald@dowjones.com

Stock News for Raytheon (RTN)
DateTimeHeadline
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...
06/17/201611:19:00Zumwalt destroyer runs strong on Raytheon systems
06/16/201608:00:00Raytheon achieves two milestones in development of next-generation...
06/16/201608:00:00Defense Security Service recognizes Raytheon tradition of industrial...
06/15/201613:00:00Spacefaring Raytheon technology makes air travel better, safer
06/15/201609:30:00Raytheon strengthens focus on corporate responsibility
06/15/201608:30:00Javelin Scores a perfect 5 for 5 in UK ground vehicle tests
06/14/201608:15:00Aerospace/Defense Products & Services Stocks Technical Coverage...
06/14/201608:02:27Annual Report of Employee Stock Plans (11-k)
06/14/201607:57:00Australia selects Raytheon ELCAN weapon sight for land forces
06/08/201618:35:49Statement of Changes in Beneficial Ownership (4)
06/08/201618:35:21Statement of Changes in Beneficial Ownership (4)
06/08/201618:35:21Statement of Changes in Beneficial Ownership (4)
06/08/201618:34:53Statement of Changes in Beneficial Ownership (4)
06/08/201618:34:25Statement of Changes in Beneficial Ownership (4)
06/07/201608:00:00Raytheon, Aerojet Rocketdyne sign new strategic sourcing agreement
06/06/201617:10:10Automatic Shelf Registration Statement of Securities of Well-known...

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