United Technologies (UTX) will raise its quarterly dividend by 8.5 percent to $0.64 per share in the first quarter of 2015. Last year the industrial company did not raise its dividend.
The increased dividend will be payable March 10, 2015, to UTX shareowners of record at the close of business February 13. The ex-date for the first 64 cent per share quarterly dividend is February 11, 2015.
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.
2022