Raytheon Technologies Board of Directors Declares Quarterly Cash Dividend
Raytheon Technologies Corporation (NYSE: RTX) announced a dividend of 51 cents per share, payable on Mar. 24, 2022, to shareholders recorded by Feb. 25, 2022.
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) announced a dividend of 51 cents per share, payable on Mar. 24, 2022, to shareholders recorded by Feb. 25, 2022. The company has consistently paid dividends since 1936, emphasizing its commitment to returning value to investors. Raytheon Technologies operates in aerospace and defense, providing innovative solutions for commercial and military clients. While it expresses a strong dividend history, caution is advised regarding future dividends, as past performance does not guarantee future distributions due to various risks.
Positive
- Dividend of 51 cents per share enhances shareholder income.
- Consistent cash dividend payments since 1936 signify company reliability.
Negative
- Future dividends are uncertain and subject to various risks.
Details
News Market Reaction – RTX
The recorded move for RTX in the trading session of this news was -1.78%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WALTHAM, Mass., Feb. 11, 2022 /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 Mar. 24, 2022, to shareowners of record at the close of business on Feb. 25, 2022.
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: 202.360.8473
Investor Contact
C: 781.522.5123
View original content:https://www.prnewswire.com/news-releases/raytheon-technologies-board-of-directors-declares-quarterly-cash-dividend-301480883.html
SOURCE Raytheon Technologies
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