27, and it’s due to make another quarterly announcement by the end of April.Īpple can clearly afford to increase the dividend given its huge free cash flow (FCF) generation. That makes it a good investment prospect for value investors.Īpple has made four quarterly dividend payments at 22 cents. This gives RTX stock a total yield of 3.9% from its combined dividend and buyback yields. That works out to 1.7% of its present market capitalization. 25 earnings release Raytheon said it intends to buy back a least $2.5 billion of shares this year. ![]() ![]() Given the company’s expected earnings growth, its potentially higher dividend and a recent buyback announcement, RTX is likely to rise.įor example, in its Jan. Presently RTX stock trades at a forward price-to-earnings multiple of 20.24 times this year’s earnings and 17 times next year. That works out to $2.18 annually, giving RTX stock a dividend yield of 2.2% at today’s price of $98.86. So the next quarterly dividend could take it to 54.5 cents or higher. Lately, the company has been raising the dividend by around 3 to 4 cents, or about 7% or so. Raytheon has paid cash dividends on its common stock every year since 1936. Therefore, the company is likely to announce a dividend increase later this month. The company’s next dividend announcement is likely to be at the end of April, around the week of April 25. ![]() ![]() Its last dividend announcement was on Feb. Raytheon, the defense and aerospace company, usually raises its dividend every four quarters.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |