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 ยป



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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