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Boeing hikes dividend 20%, lifts stock buyback program to $20B

Dec. 17, 2018 4:32 PM ETThe Boeing Company (BA) StockBABy: Carl Surran, SA News Editor73 Comments
  • Boeing (NYSE:BA) +1.4% after-hours as it announces plans to raise its dividend by 20% to $2.055/share and replace its existing share repurchase program with a new $20B authorization, up from the $18B approved last December.
  • With the latest dividend increase, BA says it has increased its dividend nearly 325% over the past six years and repurchased more than 230M shares over the same time period.
  • This year, the company repurchased $9B worth of its shares from the $18B authorization approved in December 2017.

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