RTX Corporation (RTX) to Issue Quarterly Dividend of $0.68 on March 19th

RTX Corporation (NYSE:RTX) declared a quarterly dividend on Friday, February 6th. Stockholders of record on Friday, February 20th will be given a dividend of 0.68 per share on Thursday, March 19th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, February 20th.

RTX has decreased its dividend by an average of 0.4%annually over the last three years and has raised its dividend annually for the last 5 consecutive years. RTX has a payout ratio of 40.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect RTX to earn $6.84 per share next year, which means the company should continue to be able to cover its $2.72 annual dividend with an expected future payout ratio of 39.8%.

RTX Trading Up 0.2%

Shares of NYSE:RTX traded up $0.36 during mid-day trading on Wednesday, reaching $203.86. 1,269,554 shares of the company’s stock were exchanged, compared to its average volume of 6,106,505. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.03. RTX has a twelve month low of $112.27 and a twelve month high of $206.48. The firm has a market capitalization of $273.63 billion, a price-to-earnings ratio of 41.04, a PEG ratio of 2.89 and a beta of 0.43. The business’s fifty day moving average price is $191.65 and its 200-day moving average price is $174.44.

RTX (NYSE:RTX) last announced its earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.08. The business had revenue of $24.24 billion during the quarter, compared to analyst estimates of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.RTX’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period last year, the company earned $1.54 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, research analysts predict that RTX will post 6.11 EPS for the current fiscal year.

About RTX

RTX (NYSE: RTX) is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.

RTX’s operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.