December 18, 2018

Boeing Company Increases Quarterly Dividend $BA



  • 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




Dividend Yield Chart:



Boeing Co stock dividend yield is close to 1-year high.


Payout Ratio:



This is the historical payout ratio of Boeing Co. If payout ratio is close to or higher than 100%, dividends might not be sustainable.

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