Raytheon has elected not to change the amount of its quarterly distribution. The company today declared its latest regular dividend, which is to be $0.55 per share paid on Aug. 8 to shareholders of record as of July 3. That amount matches the company's previous distribution, which was paid earlier this month. Before that, Raytheon doled out an even $0.50 per share.
In recent years, the company has tended to raise its distribution once per year. Over the past decade, its regular payout has ranged from $0.20 per share to the current level.
The just-declared dividend annualizes to $2.20 per share. That yields 3.3% at Raytheon's most recent closing stock price of $67.33.
The article Raytheon Declares Fresh Dividend originally appeared on Fool.com.
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