RTX Dividend Increase By 7.94%

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Image Source: Pixabay

On 2 May, RTX (RTXincreased its dividend by 7.94%, from 63¢ to 68¢ per share.

The dividend is payable on 12 June to shareholders of record on 23 May. 

RTX's forward yield is 2.52% at $129.19 per share.

Source: Simply Safe Dividends

I own 100 RTX shares at an average cost of $62.36 per share. RTX's contribution to DivGro's projected annual dividend income will increase by $20 to $272. 

My yield on cost is now 4.36%.

Since I opened my position in April 2020, the stock has generated a total return of 122%, including $964.80 in dividend income. That's a sensational annualized rate of return of 20.9%!

RTX became DivGro's 13th Home Run stock in February 2018, when the stock doubled my original capital outlay.

5-Year History of Dividend Payouts by Ex-Date

2020 2021 2022 2023 2024 2025
$1.8875 $2.0050 $2.1600 $2.3200 $2.4800 $2.6700
2.02% 6.22% 7.73% 7.41% 6.90% 7.66%
5-year DGR: 6.03% 7.18%

projected, assuming no further changes


More By This Author:

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Disclaimer: I'm not an investment professional or a licensed financial advisor. This article represents my personal views and decisions, which may not be appropriate for other investors. ...

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