United Technologies increases dividend by 12.9 percent in 2011 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Raytheon Technologies As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Raytheon Technologies As of October 10, 2023	RTX	$2.36	7.3%	7.8%	7.4%
Aerospace & Defense	3.2%	3	-4.3%	Quarter	1936

United Technologies hikes dividend by 12.9%

Wednesday 13 April 2011

United Technologies (UTX) will raise its quarterly dividend by 12.9 percent to $0.48 per share in the second quarter of 2011. This follows a 10.4 percent dividend hike to 42.5 cents per share quarterly by the industrial company last year.

The increased dividend will be payable June 10, 2011, to UTX shareowners of record at the close of business May 20. The ex-date for this next dividend of 48 cents per share is May 18.

United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services to the building and aerospace industries. The Company operates through four segments: Otis; UTC Climate, Controls & Security; Pratt & Whitney, and UTC Aerospace Systems. UTC has paid cash dividends on its common stock every year since 1936.

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