United Technologies (UTX) Raises Quarterly Dividend 5% to $0.735; 2.2% Yield
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UTC Board of Directors Increases Quarterly Dividend
October 10, 2018 12:25 PM EDTFARMINGTON, Conn., Oct. 10, 2018 /PRNewswire/ -- United Technologies Corp.'s (NYSE: UTX) Board of Directors today declared a dividend of 73.5 cents per share on the outstanding shares of UTC's common stock, which represents a 5 percent increase over the prior quarter's dividend amount. The dividend will be payable December 10, 2018, to shareowners of record at the close of business on November 16, 2018.
"The increase in our dividend reflects our ongoing commitment to remain disciplined in our capital allocation and deliver value to shareowners," said Gregory J. Hayes, Chairman and Chief Executive Officer of... More
