United Technologies Corp. (NYSE:UTX) VP Charles D. Gill sold 7,144 shares of the business’s stock in a transaction on Wednesday, July 27th. The shares were sold at an average price of $108.05, for a total transaction of $771,909.20. Following the completion of the transaction, the vice president now directly owns 55,278 shares in the company, valued at $5,972,787.90. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
The company also recently disclosed a quarterly dividend, which will be paid on Saturday, September 10th. Stockholders of record on Friday, August 19th will be issued a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 2.45%. The ex-dividend date is Wednesday, August 17th.
Source: American Banking and Market News