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Boeing board raises dividend to 30%, renews share repurchase authorization

Chicago, Usa - Dennis Muilenburg, Chairman, President and CEO said it

The Boeing board of directors yesterday declared the company's quarterly dividend will increase 30 percent to $1.42 per share. The board also replaced the existing share repurchase program with a new $14 billion authorization. The company has consistently paid a dividend to shareholders for more than 75 years and has raised the quarterly payment about 190 percent over the past four years. The new...

fra/pec - 1200731

AVIONEWS - World Aeronautical Press Agency
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