RTX Announces Dividend Increase#
ARLINGTON, Va. - RTX (NYSE:RTX) has declared a quarterly dividend of 73 cents per share of common stock. This represents a 7.4% increase from the previous quarter, reflecting the company's commitment to returning value to its shareholders. The new dividend yield stands at 1.57%, which is a measure of how much a company pays in dividends relative to its stock price.
Dividend Payment Details#
The dividend will be paid on June 11, 2026, to shareholders who are on record as of the close of business on May 22, 2026. This consistent dividend payment is a tradition for RTX, which has been paying dividends since 1936 and has maintained this for 56 consecutive years, showcasing its dedication to rewarding investors.
Company Overview#
RTX employs over 180,000 people worldwide and reported sales exceeding $88 billion in 2025. Headquartered in Arlington, Virginia, the company plays a significant role in the aerospace and defense sectors. Currently, RTX’s stock is trading above its estimated fair value, which has led to it being categorized as one of the most overvalued stocks according to certain analyses.
Recent Financial Performance#
In addition to the dividend announcement, RTX reported strong financial results for the first quarter of 2026. The company achieved earnings per share of $1.78, surpassing analyst expectations of $1.51. Revenue also exceeded forecasts, reaching $22.1 billion compared to the anticipated $21.44 billion. Furthermore, Raytheon, a subsidiary of RTX, successfully delivered its second sensor payload to Lockheed Martin for the U.S. Space Force’s satellite program, aimed at improving missile warning systems. Despite these positive developments, RTX’s stock saw a decline in pre-market trading.