Aerospace and defense contractor Raytheon Co. (RTN) said that its board has voted to increase the company's annual dividend payout rate by 16 percent to $2.00 per share from $1.72.
The company also said that its board authorized payment of a quarterly cash dividend of $0.50 per outstanding share of common stock, to be paid on May 3, 2012, to shareholders of record as of the close of business on April 4, 2012.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.