United Technologies: A Diversified Dividend Powerhouse To Consider
Published Aug 25, 2014 on Seeking Alpha

United Technologies Corporation (NYSE: UTX) provides technology products and services to the building systems and aerospace industries worldwide. This dividend achiever has paid a dividend since 1936 and increased it for 20 years in a row. The most recent dividend increase was in June 2013, when the Board of Directors approved a 10.30% increase in the quarterly dividend to 59 cents/share. United Technologies' peers include Boeing (NYSE: BA), General Electric (NYSE: GE) and Honeywell (NYSE: HON). Over the past decade this dividend growth stock has delivered an annualized total return of 10.80% to its shareholders. Future returns will be dependent on growth in earnings and dividend yields obtained by shareholders. The company has managed to deliver a 10.20% average increase in annual EPS over the past decade. United Technologies is expected to earn $6.86 per share in 2014 and $7.52 per share in 2015. In comparison, the company earned $6.17/share in 2013. (click to... Read more