Raytheon Technologies Dividend yield

Raytheon Technologies is part of Aerospace and Defense business, which is part of Industrials industry. Raytheon Technologies is a company from USA, and his stocks are publicly traded.

Raytheon Technologies stock dividend

Raytheon Technologies paid a total dividend of 3,448 million USD last year, for a market value of 125,704 millions (Market Cap 125,572 millions). Raytheon Technologies dividend per share is 2.36 USD, and his stock market price 86.04 USD.

According to the chart below, where dividend yield is displayed, Raytheon Technologies has a dividend yield of 2.74%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Raytheon Technologies stocks dividend with other Aerospace and Defense companies or other of the best USA dividend stocks list.

Raytheon Technologies Dividend Payout

About the ability of Raytheon Technologies to maintain his current dividend of USD 2.36 per share, an amount that accounts for 2.74%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Raytheon Technologies payout on ernings is currently 48.26%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Raytheon Technologies can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Raytheon Technologies is USD 4.92 per share, which is higher than the dividend per share paid by the company of USD 2.36, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Raytheon Technologies, compared againt world market average, USA companies, Industrials industry and Aerospace and Defense sector companies.

Raytheon Technologies Corporation Dividend History

Below you will find a table with the historical evolution of Raytheon Technologies Corporation's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	2.74%	2.36	48.26%	1,461
2022	2.18%	2.20	51.28%	1,470
2021	2.37%	2.04	-219.35%	1,497
2020	2.66%	1.90	41.21%	1,516

*In millions

Raytheon Technologies Stock performance

Finally, last moth Raytheon Technologies showed a return of -2.10% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -4.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Aerospace and Defense firms.