Boeing Declares Fresh Dividend

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Boeing is making like its Dreamliner and lifting a new dividend into the sky. The company announced it will distribute $0.485 per share of its stock on June 7 to shareholders of record as of May 10. That matches the aerospace firm's most recent disbursement, which was handed out in mid-February. Prior to that, the dividend was $0.44 per share.

The move follows the release of the company's Q1 earnings last week, in which it posted a 20% increase in bottom line and an 18% climb in EPS.

The dividend annualizes to $1.94 per share. That yields 2.1% at Boeing's current stock price of $91.90.

The article Boeing Declares Fresh Dividend originally appeared on Fool.com.

Fool contributor Eric Volkman has no position in Boeing, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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