Raytheon Raises Dividend for 7th Straight Year

March 24, 2011 Declared

Raytheon Raises Dividend for 7th Straight Year

Raytheon Company (RTN) declared a quarterly dividend of $0.43 per share on Wednesday, a 14.7% improvement over the $0.375 paid each of the previous four quarters by the defense-focused technology company.

Shares of RTN closed at $50.43 on Wednesday, where they now feature a 3.41% dividend yield.

Raytheon has now given shareholders a raise every year since 2005, more than doubling its payout over that period.

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