WALTHAM, Mass., April 26, 2021 /PRNewswire/ -- Raytheon
Technologies Corporation (NYSE: RTX) announced today that its Board
of Directors declared a dividend of 51
cents per outstanding share of RTX common stock, which
represents an increase of more than 7 percent over the prior
quarter's dividend amount. The dividend will be payable on
June 17, 2021 to shareowners of
record at the close of business on May 21,
2021.
"The increase in our dividend reflects our long-standing
commitment to deliver consistent and growing cash returns to
shareowners," said Raytheon Technologies chief executive officer
Greg Hayes. "The outlook for our
company is positive and we remain on track to return $18 to $20 billion
to shareowners in the four years following the merger."
RTX, formerly United Technologies Corporation, has paid cash
dividends on its common stock every year since 1936.
About Raytheon Technologies
Raytheon Technologies
Corporation is an aerospace and defense company that provides
advanced systems and services for commercial, military and
government customers worldwide. With four industry-leading
businesses ― Collins Aerospace Systems, Pratt & Whitney,
Raytheon Intelligence & Space and Raytheon Missiles &
Defense ― the company delivers solutions that push the boundaries
in avionics, cybersecurity, directed energy, electric propulsion,
hypersonics, and quantum physics. The company, formed in 2020
through the combination of Raytheon Company and the United
Technologies Corporation aerospace businesses, is headquartered in
Waltham, Massachusetts.
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
Michele Quintaglie
C: 860.493.4364
michele.quintaglie@rtx.com
Investor Contact
Erin Somers
C: 704.264.6854
erin.somers@rtx.com
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SOURCE Raytheon Technologies