Published Tue, 18 Dec 2012 01:24:57 GMT on The Motley Fool
Boeing (NYSE: BA) has lifted its quarterly dividend and resumed its share-buyback program, the company announced in a press release. The dividend increase amounts to 10%, for a total of $0.485 per share.It will be paid on March 8 to shareholders of record as of Feb. 15.
For the repurchase program, the company expects to start spending what remains of the $3.6 billion its board authorized for stock buybacks in late 2007. Boeing expects this program to total $1.5 billion to $2 billion in the course of 2013.
The company quoted CEO Jim McNerney as saying that "strong cash generation, consistently solid core operating performance, and a positive growth outlook enable us to take these steps to deliver value for our shareholders."... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
Older articles featuring Boeing (BA):Boeing: Dividend Growth For Cheap
Boeing: An Average But Satisfactory Dividend Yield Next To Its Growth Prospects
3 Dividend Growth Stocks To Buy On Weakness
Stocks Trading Ex-Dividend on 5/6/2015
Boeing: Flying High With The Potential To Deliver Growing Dividends For Years To Come
Boeing's Dividend Continues To Soar
Raytheon Company Dividend Stock Analysis
Retirees Look To The Industrials Sector For Above Market Yield And Dividend Growth: S&P 500 Industrials Sector
Raytheon's Dividend Is Solid
Stocks Trading Ex-Dividend on 2/11/2015