Raytheon develops sensors for military aircraft like the U-2.
Photo: Flickr.com/Robert Sullivan

A quiet March for dividend growth investors continued with only one announcement of a payout increase.  Aerospace and defense company Raytheon announced its 14th straight year of dividend increases.  Read on for the details…

Dividend Increases Announced This Week

Raytheon Company (RTN)

Industry: Aerospace & Defense

Dividend Payment: 86.75 cents per share – up 8.8% from prior level of 79.75 cents

Dividend Paid On: 5/10

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 4/10

Number of Years of Dividend Increases: 14

Current Forward Yield: 1.62%

Dividend Increase Announcements Expected Next Week

None.