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Re: Porgie Tirebiter post# 743

Tuesday, 12/12/2017 9:21:50 AM

Tuesday, December 12, 2017 9:21:50 AM

Post# of 6987
"Boeing lifts dividend by 20 percent, sets... buyback"

"(Reuters) - Boeing Co <BA.N> said on Monday it would raise its quarterly dividend by 20 percent and replace its existing share buyback program with a new $18 billion authorization.

The company's shares, the best-performing Dow component this year with an 84 percent surge, were up 1.2 percent at $286.51 in after-market trading.

The world's biggest maker of jetliners said the raised dividend and the new buyback program were not in response to a Republican tax overhaul, which seeks to cut corporate taxes to 20 percent from 35 percent."

https://finance.yahoo.com/news/boeing-lifts-dividend-20-percent-sets-18-billion-215910910--finance.html

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