WOW, Three divided increase in one day! When can you say you got three pay increase in one day from your job?
United Technologies Corporation (UTX) just declared $0.70 quarterly dividend. This is an increase of 6.1% from $0.66.
I own 29 shares, so this will increase my annual dividend income by $4.64 to $3,761.42
I am very happy with my holding of UTX and do not plan to add more shares anytime soon unless there is a big drop in price. I have been doing very well with this holding as I am up 39.5%.
I am very happy with this increase as well! Last year they increased it by 3.1% and the year before 8.47%.
I find the stock to be fair to slight overvalued and I would recommend a Hold.
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Do you own UTX? Happy about the dividend increase?
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