Raytheon Technologies Board of Directors Declares Quarterly Cash Dividend
Raytheon Technologies Corporation (NYSE: RTX) has declared a quarterly dividend of 51 cents per share, payable on Sept. 9, 2021, to shareholders of record as of Aug. 20, 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Raytheon Technologies Corporation (NYSE: RTX) has declared a quarterly dividend of 51 cents per share, payable on Sept. 9, 2021, to shareholders of record as of Aug. 20, 2021. This marks a continuation of the company's commitment to returning value to its shareholders, having paid cash dividends annually since 1936. Raytheon Technologies is a prominent aerospace and defense company with four leading business segments, including Collins Aerospace Systems and Pratt & Whitney.
Positive
- Quarterly cash dividend of 51 cents per share declared.
- Continuous cash dividends paid since 1936, indicating strong financial stability.
Negative
- Future dividends are uncertain and could vary significantly due to risks and uncertainties.
Details
News Market Reaction – RTX
The recorded move for RTX in the trading session of this news was -0.70%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WALTHAM, Mass., June 21, 2021 /PRNewswire/ -- Raytheon Technologies Corporation (NYSE: RTX) announced today that its board of directors declared a dividend of 51 cents per outstanding share of RTX common stock. The dividend will be payable on Sept. 9, 2021 to shareowners of record at the close of business on Aug. 20, 2021.
Raytheon Technologies has paid cash dividends on its common stock every year since 1936.
About Raytheon Technologies
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. With four industry-leading businesses ― Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense ― the company delivers solutions that push the boundaries in avionics, cybersecurity, directed energy, electric propulsion, hypersonics, and quantum physics. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Waltham, Massachusetts.
Cautionary Statement Regarding Forward-Looking Statements
This release includes statements related to dividends that constitute "forward-looking statements" under the securities laws. All forward-looking statements involve risks, uncertainties and assumptions that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. Past dividends provide no assurance as to future dividends. The timing, payment and amount of future dividends, if any, could vary significantly from past dividends due to a number of risks and uncertainties. These factors include those described under the caption "Risk Factors" in our reports on Forms 10-K, 10-Q and 8-K filed with the SEC from time to time.
Media Contact
C: 860.493.4364
Investor Contact
C: 781.522.5123
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SOURCE Raytheon Technologies
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