Saturday, October 11, 2008

United Technologies Increases Dividend 20.3%

United Technologies (UTX) announced it will increase its quarterly dividend to 38.5 cents per share versus 32 cents 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.

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

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