Boeing Maintains Dividend
Boeing on Monday announced a regular quarterly distribution of $0.485 per share to be paid on Sept. 6 to shareholders of record as of Aug. 9.
That amount matches both of the firm's previous two distributions, the most recent of which was paid earlier this month. Prior to that, Boeing handed out $0.44 per share. The company is a regular dividend payer, and has steadily lifted that distribution over the years. Since 2000, it has risen from $0.14 per share to the current level.
The just-declared dividend annualizes to $1.94 per share. That yields just under 2% at Boeing's current stock price of $98.50.
The article Boeing Maintains Dividend originally appeared on Fool.com.Fool contributor Eric Volkman has no position in Boeing. Nor 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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