David I. Templeton

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United Technologies (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.
 
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United Technologies Dividend Analysis Table October 11, 2008
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United Technologies Stock Chart October 11, 2008

Disclosure: None

This article has 2 comments:

  •  
    Oct 12 09:03 AM
    Can we start rumors about UTX purchase of HON? That question gets asked about every year or so.
    Reply
  •  
    This article sounds great, and I will be sure to buy UTX . . . in a couple of months, when the hedge funds stop selling it off and the P/E is in the single digits.
    Reply
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