Photography taken at the Paris Air Show, 2005 (Photo credit: Wikipedia)
Dividend Machine for week of May 28, 2012 – Raytheon (RTN)
Hopefully your had a fantastic Memorial Day Weekend. Consistent with the ideas we explore during events like Memorial Day, I thought it appropriate to look at Aerospace and Defense stocks. In 2011, I mentioned several of these companies. 2012 ‘s dividend ideas are similar to 2011 and Raytheon is one of the best dividend machines for ordinary investors.
Raytheon has paid a dividend since 1964 and has raised that dividend every year for seven years. Most recently, Raytheon increased the quarterly dividend from $.43 to $.50 per share. Now folks, what other investment do you own that increased your income by over sixteen percent?
The point of this web/blog is to provide income investing ideas. Income that increases over time is a very important characteristic of an income portfolio. Based on the data in the following table, I think Raytheon (RTN) is a good choice for income investors. Review this chart for all four dividend machine criteria and you will find RTN is worthy of being a dividend machine in both 2011 and 2012.
DIVIDEND MACHINE RTN
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Price when profiled
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$49.67
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Last 4 Qtrs Earnings
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$5.54
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Last 4 Qtrs Dividend
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$1.79
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Current Dividend Yld
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4.03%
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No. of Years increased
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7
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Debt/Equity ratio
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0.55%
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Very Truly Yours,
TheMoneyMadam
