United Technologies (UTX) Raises Quarterly Dividend 3.1% to $0.66; 2.5% Yield

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UTC Board Of Directors Increases Dividend

April 25, 2016 5:05 PM EDT

FARMINGTON, Conn., April 25, 2016 /PRNewswire/ -- The United Technologies Corp. (NYSE: UTX) Board of Directors today declared a second quarter dividend of 66 cents per outstanding share of common stock, which represents a 3.1 percent increase over the prior quarter's dividend amount. The dividend will be payable June 10 to shareowners of record at the close of business May 20.

"Increasing the dividend reflects our... More