United Technologies Dividend Stock Analysis
Published Jul 18, 2012 on Seeking Alpha

United Technologies Corporation (UTX) provides technology products and services to the building systems and aerospace industries worldwide. This dividend achiever has paid dividends since 1936 and increased distributions on its common stock for 17 years in a row. The company's last dividend increase was in June 2012 when the Board of Directors approved an 11.50% increase to 53.50 cents/share. The company's largest competitors include Honeywell (HON), General Electric (GE) and Boeing (BA). Over the past decade this dividend growth stock has delivered an annualized total return of 9.80% to its shareholders. The company has managed to deliver 10.60% in annual EPS growth since 2002. Analysts expect United Technologies to earn $5.52 per share in 2012 and $6.68 per share in 2013. In comparison United Technologies earned $5.49/share in 2011. In 2011, United Technologies agreed to acquire Goodrich Corporation (GR) for $18.40 billion. United Technologies expects to finance the transaction through... Read more