WALTHAM, Mass., March 26 /PRNewswire-FirstCall/ -- Raytheon Company's
(NYSE: RTN) Board of Directors has voted to increase the Company's annual
dividend by 10 percent from $1.02 to $1.12. The Board also authorized
payment of a quarterly cash dividend of 28 cents per outstanding share of
common stock to be paid on April 29, 2008 to shareholders of record as of
the close of business on April 1, 2008. Payment of quarterly dividends is
subject to Board authorization.
"This dividend increase reflects our continued strong financial
performance and our ongoing commitment to provide value to our
shareholders," said William H. Swanson, Raytheon's Chairman and CEO.
Raytheon Company, with 2007 sales of $21.3 billion, is a technology
leader specializing in defense, homeland security and other government
markets throughout the world. With a history of innovation spanning more
than 85 years, Raytheon provides state-of-the-art electronics, mission
systems integration and other capabilities in the areas of sensing;
effects; and command, control, communications and intelligence systems, as
well as a broad range of mission support services. With headquarters in
Waltham, Mass., Raytheon employs 72,000 people worldwide.
Media Contact
Jon Kasle
781.522.5110
Investor Relations Contact
Greg Smith
781.522.5141
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com
CONTACT:
Media: Jon Kasle, +1-781-522-5110, or
Investor Relations: Greg Smith, +1-781-522-5141, both of Raytheon
Company
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