United Technologies Corp. (NYSE: UTX) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.2% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.
According to the ETF Finder at ETF Channel, United Technologies Corp. is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 0.96% of the SPDR S&P Dividend ETF (SDY), which holds $119,634,922 worth of UTX shares.
United Technologies Corp. (NYSE: UTX) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.
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The annualized dividend paid by United Technologies Corp. is $2.36/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 08/13/2014. Below is a long-term dividend history chart for UTX, which the report stressed as being of key importance.
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UTX operates in the Aerospace & Defense sector, among companies like Boeing Co. (BA), and General Dynamics Corp. (GD).
