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Boeing Declares Fresh Dividend

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Boeing (NYSE: BA  ) is making like its Dreamliner and lifting a new dividend into the sky. The company announced it will distribute $0.485 per share of its stock on June 7 to shareholders of record as of May 10. That matches the aerospace firm's most recent disbursement, which was handed out in mid-February. Prior to that, the dividend was $0.44 per share.

The move follows the release of the company's Q1 earnings last week, in which it posted a 20% increase in bottom line and an 18% climb in EPS.

The dividend annualizes to $1.94 per share. That yields 2.1% at Boeing's current stock price of $91.90.

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Eric Volkman

Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.

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Related Tickers

5/24/2016 11:54 AM
BA $126.64 Down -0.94 -0.74%
The Boeing Company CAPS Rating: ****