RTX Corporation (RTX) to Distribute Quarterly Dividend of $0.73 on September 3rd

RTX Corporation (NYSE:RTX) declared a quarterly dividend on Friday, June 26th. Stockholders of record on Friday, August 14th will be given a dividend of 0.73 per share on Thursday, September 3rd. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, August 14th.

RTX has decreased its dividend payment by an average of 0.4%per year over the last three years and has raised its dividend annually for the last 5 consecutive years. RTX has a dividend payout ratio of 43.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect RTX to earn $7.76 per share next year, which means the company should continue to be able to cover its $2.92 annual dividend with an expected future payout ratio of 37.6%.

RTX Stock Performance

RTX stock traded down $2.93 during mid-day trading on Wednesday, reaching $220.93. The company’s stock had a trading volume of 1,156,407 shares, compared to its average volume of 5,660,367. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. RTX has a 12-month low of $150.61 and a 12-month high of $226.88. The company has a market capitalization of $297.76 billion, a P/E ratio of 38.90, a PEG ratio of 2.67 and a beta of 0.29. The firm’s fifty day moving average price is $197.37 and its two-hundred day moving average price is $194.31.

RTX (NYSE:RTX) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.66 by $0.23. The firm had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period last year, the firm earned $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Sell-side analysts predict that RTX will post 7.22 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.