Seeking Alpha
Registered investment advisor, long only, bonds, dividend investing
Profile| Send Message|
( followers)  
United Technologies (NYSE:UTX) announced it will increase its quarterly dividend to $0.38.5 per share versus $0.32 per share in the same period last year. The projected payout ratio is 28% based on 2009 estimated earnings of $5.42. This payout compares to the company's 5-year average payout of 26%.
 
The company carries an A+ S&P Quality Ranking score.
 
click to enlarge

United Technologies Dividend Analysis Table October 11, 2008
click to enlarge

United Technologies Stock Chart October 11, 2008

Disclosure: None

Source: United Technologies: Dividend Raised 20%