- Boeing (NYSE:BA) declares $2.06/share quarterly dividend, 20.2% increase from prior dividend of $1.71.
- Forward yield 2.6%
- Payable March 1; for shareholders of record Feb. 8; ex-div Feb. 7.
The Boeing Company (NYSE: BA) Board of Directors declared the
company's quarterly dividend will increase 20 percent to $2.055 per share. The
board also replaced the existing share repurchase program with a new $20
billion authorization, up from the $18 billion approved last December.
"Boeing continues to see significant opportunities in
the markets we serve, and we have confidence in the power of our One Boeing
strategy to execute and win on all fronts," said Boeing Chairman,
President and Chief Executive Officer Dennis Muilenburg. "Boeing's strong
operational performance, financial health and positive future outlook underpin
our continued investments in our people and our workplace, in innovative
products and services, and in select strategic acquisitions and partnerships
that accelerate our growth strategy."
With the latest increase to the dividend Boeing has
increased its dividend nearly 325 percent over the past six years and
repurchased more than 230 million shares over the same time period. The company
has consistently paid dividends to shareholders for more than 80 years. The new
dividend will be payable March 1, 2019, to shareholders of record as of Feb. 8,
2019.
For more information, visit www.boeing.com
According to the list of U.S. Dividend Champions, Boeing
Company is a Dividend Challengers. Boeing has a 7-year dividend, raising
streak.
Dividend
Growth Rates
|
|||
DGR
|
DGR
|
DGR
|
DGR
|
1-yr
|
3-yr
|
5-yr
|
10-yr
|
30.3
|
24.8
|
26.4
|
15.0
|
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