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Tuesday, 01/26/2021 4:12:14 PM

Tuesday, January 26, 2021 4:12:14 PM

Post# of 979
"Raytheon To Boost Dividend, Buy Shares As Earnings Beat"

"On a conference call with analysts, CEO Greg Hayes said Raytheon plans to boost the dividend and repurchase shares, noting the balance sheet has swelled to nearly $9 billion.

In an earlier statement, he said the company is "well positioned for sustainable growth and profitability in 2021 and beyond, and remain committed to returning $18 to $20 billion to shareowners in the four years following the merger" last year between Raytheon and United Technologies."

https://www.investors.com/news/raytheon-stock-raytheon-earnings-q4-2020/

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