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Raytheon Technologies Board of Directors Declares Quarterly Cash Dividend

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Raytheon Technologies (NYSE: RTX) declared a 47.5 cents per share dividend on Feb. 6, 2021, payable on Mar. 25, 2021, to shareholders on record by Feb. 26, 2021. This marks a continuation of the company's commitment to shareholder returns, having paid cash dividends consistently since 1936.

Raytheon Technologies, formed in 2020 from the merger of Raytheon Company and United Technologies, operates within the aerospace and defense sectors, serving commercial, military, and government customers globally.

Positive
  • Consistent dividend payments since 1936 demonstrate a strong commitment to shareholders.
  • Quarterly dividend of 47.5 cents signifies ongoing income for shareholders.
Negative
  • Future dividends may not be guaranteed, as suggested by cautionary statements regarding forward-looking risks.

WALTHAM, Mass., Feb. 8, 2021 /PRNewswire/ -- Raytheon Technologies Corporation (NYSE: RTX) announced today that, on Feb. 6, the company's Board of Directors declared a dividend of 47.5 cents per outstanding share of RTX common stock. The dividend will be payable on Mar. 25, 2021 to shareowners of record at the close of business on Feb. 26, 2021.

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
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Cision View original content:http://www.prnewswire.com/news-releases/raytheon-technologies-board-of-directors-declares-quarterly-cash-dividend-301223868.html

SOURCE Raytheon Technologies

FAQ

What is the dividend amount declared by Raytheon Technologies?

Raytheon Technologies has declared a dividend of 47.5 cents per share.

When will the dividend be payable?

The dividend will be payable on March 25, 2021.

What is the record date for the dividend?

The record date for the dividend is February 26, 2021.

How long has Raytheon Technologies been paying dividends?

Raytheon Technologies has paid cash dividends since 1936.

What risks are associated with future dividend payments?

Future dividends may vary significantly due to various risks and uncertainties.

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Aerospace & Defense
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