Raytheon Stock To Go Ex-dividend Monday (RTN)

NEW YORK ( TheStreet) -- The ex-dividend date for Raytheon Company (NYSE: RTN) is Monday, December 30, 2013. Owners of shares as of market close today will be eligible for a dividend of 55 cents per share. At a price of $91.37 as of 9:50 a.m. ET, the dividend yield is 2.5%.

The average volume for Raytheon has been 1.7 million shares per day over the past 30 days. Raytheon has a market cap of $28.62 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 58.2% year to date as of the close of trading on Thursday.

Raytheon Company designs, develops, manufactures, integrates, and supports technological products, services, and solutions for governmental and commercial customers in the United States and internationally.

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TheStreet Ratings rates Raytheon as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Raytheon Ratings Report.

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