United Technologies Corporation (UTX) Ex-Dividend Date Scheduled for May 15, 2013


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United Technologies Corporation ( UTX ) will begin trading ex-dividend on May 15, 2013. A cash dividend payment of $0.535 per share is scheduled to be paid on June 10, 2013. Shareholders who purchased UTX stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that UTX has paid the same dividend. At the current stock price of $94.95, the dividend yield is 2.25%.

The previous trading day's last sale of UTX was $94.95, representing a -0.93% decrease from the 52 week high of $95.84 and a 34.28% increase over the 52 week low of $70.71.

UTX is a part of the Capital Goods sector, which includes companies such as Boeing Company ( BA ) and Textron Inc. ( TXT ). UTX's current earnings per share, an indicator of a company's profitability, is $6.68. Zacks Investment Research reports UTX's forecasted earnings growth in 2013 as 13.79%, compared to an industry average of 8%.

For more information on the declaration, record and payment dates, visit the UTX Dividend History page.

Interested in gaining exposure to UTX through an Exchange Traded Fund [ETF]?
The following ETF(s) have UTX as a top-10 holding:

  • PowerShares Aerospace & Defense ( PPA )
  • Select Sector SPDR Fund - Industrial ( XLI )
  • DIAMONDS Trust Series I ( DIA )
  • SPDR S&P Aerospace & Defense ETF ( XAR )
  • iShares Dow Jones U.S. Aerospace & Defense Index Fund ( ITA ).

The top-performing ETF of this group is ITA with an increase of 16.36% over the last 100 days. PPA has the highest percent weighting of UTX at 6.51%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: BA , DIA , ITA , PPA , TXT , UTX , XAR , XLI

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