The airplane maker's board of directors increased its regular quarterly dividend to 91 cents a share, up from 73 cents a share. The new dividend is payable on March 6, 2015 to all shareholders of record as of Feb. 13, 2015. The ex-dividend date is Feb. 11, 2015.
Boeing announced that its board of directors increased its share repurchase authorization to $12 billion. The company bought back $6 billion worth of stock in 2014, and plans to resume its repurchasing in January 2015.
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TheStreet Ratings team rates BOEING CO as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate BOEING CO (BA) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins."