WALTHAM, Mass., March 21, 2007 /PRNewswire-FirstCall/ -- Raytheon
Company (NYSE: RTN) announced today that its Board of Directors has voted
to increase the Company's annual dividend by six percent from $0.96 to
$1.02. The Board also authorized payment of a quarterly cash dividend of
25.5 cents per outstanding share of common stock to be paid on May 1, 2007
to shareholders of record as of the close of business on April 3, 2007.
Payment of quarterly dividends is subject to Board authorization.
"Our dividend increase reflects continued confidence in the Company's
performance and our commitment to our shareholders," said William H.
Swanson, Raytheon's Chairman and CEO.
Raytheon Company (NYSE: RTN), with 2006 sales of $20.3 billion, is an
industry leader in defense and government electronics, space, information
technology, technical services, and business and special mission aircraft.
With headquarters in Waltham, Mass., Raytheon employs 80,000 people
worldwide.
Contact
Jon Kasle
781.522.5110
Investor Relations Contact
Greg Smith
781.522.5141
SOURCE Raytheon Company
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CONTACT:
Jon Kasle, +1-781-522-5110, or Investor
Relations, Greg Smith, +1-781-522-5141, both of Raytheon Company
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