UTX Named Top 25 SAFE Dividend Stock Increasing Payments For Decades

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United Technologies Corp. (Symbol: 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 2.1% 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 1.07% of the SPDR S&P Dividend ETF ( SDY ), which holds $130,114,224 worth of UTX shares.

United Technologies Corp. (Symbol: 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.

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 02/12/2014. Below is a long-term dividend history chart for UTX, which the report stressed as being of key importance.

UTX+Dividend+History+Chart

UTX operates in the Aerospace & Defense sector, among companies like Boeing Co. ( BA ), and General Dynamics Corp. ( GD ).

Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades »



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



This article appears in: Investing , ETFs

Referenced Stocks: ITOT , SDY , BA , GD , UTX

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