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Rockwell Collins Raises Payout

The quarterly dividend rises to 16 cents from 12.

Rockwell Collins

(COL)

raised its quarterly dividend to 16 cents a share from 12 cents, payable June 5 to holders of record on May 15.

Shares fell 63 cents to $57.01.

This story was created through a joint venture between TheStreet.com and IRIS.