Boeing (BA) Raises Quarterly Dividend 30.3% to $1.42; New $14B Buyback
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Boeing Board Raises Dividend, Renews Share Repurchase Authorization
December 12, 2016 4:30 PM ESTCHICAGO, Dec. 12, 2016 /PRNewswire/ --Â The Boeing [NYSE: BA] board of directors today declared the company's quarterly dividend will increase 30 percent to $1.42 per share. The board also replaced the existing share repurchase program with a new $14 billion authorization.
"As our team delivers on our large and diverse order backlog, and drives greater efficiency across our business, Boeing is well positioned to generate increasing cash flows and meet our commitment to provide competitive returns to our shareholders. At the same time, Boeing is continuing to invest in our people, innovation and growth as part of a balanced cash... More
