Today, May
3rd the Board of Directors of RTX Corporation (RTX) announced
a quarterly dividend increase of from $0.59 to $0.63 per share that’s
payable June 13, 2024 to holders of record May 17, 2024. This
represents a 6.78% increase over the last quarter dividend.
"The growth of RTX's dividend
reflects our confidence that our portfolio is strong and demand for
our products continues to grow," said RTX President and CEO
Chris Calio. "We are on track to return between $36 and $37
billion of capital to shareowners through dividends and share
repurchases from the date of the merger through 2025."
With current price $101.89 (yesterday's
close), this raise brings their dividend yield to 2.47%.