Raytheon Issues Dividend to Shareholders

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The board of directors at Raytheon (NYSE: RTN) has approved a quarterly cash dividend of 61 cents per share on the company’s common stock. Raytheon said Wednesday that stockholders of record at the close of business on Oct. 1 will receive the dividend Oct 30. The Waltham, Massachusetts-based defense firm reported $24 billion in sales for its 2013 fiscal year. LinkedInTweet+1E-mail

COPT Sets Quarterly Dividend at 27 Cents

Corporate Office Properties Trust (NYSE: OFC) shareholders will receive a quarterly dividend of  27.5 cents from the company on Jan. 15, 2014. The COPT board of trustees determined the schedule and made an announcement in a Dec. 5 company release. Quarterly dividends of nearly 46.9 cents for the for the period between Oct. 15 and Jan. 15 will be paid for Series H cumulative redeemable preferred shares. A...

Michael Dell, Silver Lake Wrap Up $25B Buyout of Dell

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Michael Dell and global technology investment firm Silver Lake Partners have completed their $24.9 billion acquisition of the company he founded and have started the processing of delisting the company from the NASDAQ stock market. Trading of Dell‘s (NASDAQ: DELL) common stock will cease Tuesday afternoon, more than one month after the company’s shareholders approved the buyout plan,...

SAIC Board Approves 5M Share Buyback Plan; Tony Moraco Comments

Tony Moraco Science Applications International Corp.’s (NYSE: SAI) board of directors has approved a plan to repurchase up to 5 million shares of the company’s common stock. SAIC has also declared a cash dividend of 28 cents per outstanding share on the company’s common stock, SAIC said Thursday. Leidos Holdings (NYSE: LDOS) and SAIC began trading on the New York Stock Exchange as...

URS Details 2-Year Repurchase, Dividend Plan; Thomas Hicks, Martin Koffel Comment

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URS Corp. (NYSE: URS) has told investors that it plans to return $500 million of its capital to stockholders by the end of fiscal year 2015. The company will carry out the plan via share repurchases and dividends as part of its capital allocation strategy over the next two years, URS said Thursday. Chief Financial Officer H. Thomas Hicks said the company has repurchased more than 10 percent of its...

Corporate Office Properties Trust Declares Dividend, Prices $250M Note Offering

Corporate Office Properties Trust (NYSE:OFC) has declared a quarterly dividend of $0.275 per common share of beneficial interest for the third quarter of 2013. According to a company statement on September 12, the dividend is payable on October 15 to shareholders of record as of September 30, 2013. Series H,K and L preferred shares of beneficial interest will be payable on that same day. Series H will...

Verizon Board Declares 53-Cent Dividend, 7th Straight Annual Increase

Verizon‘s (NYSE: Z) board of directors has declared a quarterly dividend of 53 cents per share on the company’s common stock, 1.5 cents higher than the previous quarter. This represents the seventh consecutive year that the board has approved a quarterly dividend increase and the new dividend is 6 cents higher on an annual basis, going from $2.06 per share to $2.12 per share, Verizon...

Harris Board Approves $1B Share Buyback Plan, 42-Cent Dividend

Harris Corp.’s (NYSE: HRS) board of directors has approved a plan to buy back $1 billion in shares in addition to an existing program that has $62 million left in unused authorizations. The board has also declared a quarterly cash dividend of 42 cents per share to shareholders of record as of Sept. 10, 13.5 percent higher than the previous dividend, Harris said Monday. With this increase, the...

Cubic to Pay Shareholders 12 Cent Semiannual Dividend

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Cubic Corp.’s (NYSE: CUB) board of directors has approved a regular semiannual dividend of 12 cents per share. The dividend payable on Sept. 4 to stockholders of record as of Aug. 20, 2013, the company said Thursday. LinkedInTweet+1E-mail

Raytheon Board Declares 55-Cent Dividend

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Raytheon‘s (NYSE: RTN) board of directors has declared a quarterly cash dividend of 55 cents per share on the company’s common stock. The dividend is payable Oct. 31 to shareholders of record as of the close of business on Oct. 2, the company said Wednesday. LinkedInTweet+1E-mail