WASHINGTON (dpa-AFX) - Rockwell Collins (COL) Wednesday boosted its quarterly dividend by 25 percent to $0.30 per share from $0.24 per share. The dividend is payable on June 4 to shareholders as of May 14.
'The increase in our quarterly dividend rate reflects Rockwell Collins' ongoing commitment to return value to our shareowners, and demonstrates the confidence we have in our ability to generate strong earnings and operating cash flow,' said Patrick Allen, senior vice president and chief financial officer.
Copyright RTT News/dpa-AFX
© 2012 AFX News
