ARLINGTON, Va., May 2, 2024
/PRNewswire/ -- RTX (NYSE: RTX) announced today that its Board of
Directors declared a dividend of 63
cents per outstanding share of RTX common stock, which
represents an increase of 6.8 percent over the prior quarter's
dividend amount. The dividend will be payable on June 13, 2024
to shareowners of record at the close of business on May 17,
2024.
"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."
RTX has paid cash dividends on its common stock every year since
1936.
About RTX
With more than 185,000 global
employees, RTX pushes the limits of technology and
science to redefine how we connect and protect our world. Through
industry-leading businesses – Collins Aerospace, Pratt &
Whitney, and Raytheon – we are advancing aviation, engineering
integrated defense systems, and developing next-generation
technology solutions and manufacturing to help global customers
address their most critical challenges. The company, with 2023
sales of $69 billion, is
headquartered in Arlington,
Virginia.
Cautionary Statement Regarding Forward-Looking
Statements
This release includes statements related to
dividends that constitute "forward-looking statements" under the
securities laws. All forward-looking statements involve risks,
uncertainties and assumptions that may cause actual results to
differ materially from those expressed or implied in the
forward-looking statements. Past dividends provide no assurance as
to future dividends. The timing, payment and amount of future
dividends, if any, could vary significantly from past dividends due
to a number of risks and uncertainties. These factors include those
described under the caption "Risk Factors" in our reports on Forms
10-K, 10-Q and 8-K filed with the SEC from time to time.
Media Contact
C: 202.384.2474
Investor Contact
C: 781.522.5123
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SOURCE RTX