Should Raytheon Raise Its Dividend?
Shares of Raytheon (NYSE: RTN) have climbed 29% so far this year, giving investors in the company little reason to complain. But one side-product of the soaring stock price is a rather pedestrian 1.64% dividend yield. Given the company's suddenly inflated valuation, trading at more than 25 times trailing 12-month earnings for the first time in recent history, does Raytheon need a dividend boost to entice new investors and keep the rally going?
Source: Fool.com
Raytheon Co. Stock
€111.24
0.020%