HARTFORD, Conn., June 11, 2014 /PRNewswire/ -- United Technologies Corp.'s (NYSE: UTX) Board of Directors today declared, effective July 7, a dividend of 59 cents per common share payable September 10 to shareowners of record at the close of business August 15. The ex-dividend date is August 13.
UTC has paid cash dividends on its common stock every year since 1936.
United Technologies Corp. provides high technology products and services to the aerospace and building industries worldwide. For more information, visit our website at www.utc.com or follow us on Twitter: @UTC.
This release includes statements related to anticipated earnings, cash flow and dividends that constitute "forward-looking statements" under the securities laws. All forward-looking statements involve risks, uncertainties and assumptions that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. Risks and uncertainties include, without limitation, the effect of economic conditions in the markets in which we operate, including financial market conditions, fluctuation in commodity prices, interest rates and foreign currency exchange rates; future levels of capital and research and development spending; levels of end market demand in construction and in the aerospace industry; levels of air travel; financial difficulties of commercial airlines; the financial condition of our customers and suppliers; cost reduction efforts and restructuring costs; the scope, nature or impact of acquisitions, dispositions, joint ventures and other business arrangements, including integration of acquired businesses; challenges in the development and production of new products and services; and the effect of changes in laws and regulations and political conditions in countries in which we operate and other factors beyond our control. Please note that past dividends provide no assurance as to future dividends. The payment and amount of future dividends could vary significantly from past amounts due to, among other things, changes in economic conditions and company performance. For additional information identifying risk factors and uncertainties, see our reports on Forms 10-K, 10-Q and 8-K filed with the SEC from time to time, including, but not limited to, the information included in UTC's Forms 10-K and 10-Q under the headings "Business," "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Legal Proceedings" and in the notes to the financial statements included in UTC's Forms 10-K and 10-Q.
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