Textron Inc. (NYSE:TXT) announced a quarterly dividend on Wednesday, February 26th, AnalystRatingsNetwork.com reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.02 per share on Tuesday, April 1st. This represents a $0.08 annualized dividend and a dividend yield of 0.21%. Textron Inc. (NYSE:TXT) stock opened at $38.87 in last session, and closed at $39.89, while the day range of TXT stock is $38.86-$39.93.The stock showed a positive weekly performance of 3.53%.
Raytheon Company (NYSE: RTN) and the U.S. Navy have successfully tested communications advancements to the Tomahawk Block IV cruise missile. During a Feb. 19 flight test, a Raytheon-built Tomahawk Block IV missile, launched from the USS Sterett, flew a preprogrammed route while receiving updates from a simulated maritime operations center and from advanced off-board sensors updating the missile’s target location. Throughout the flight, the missile maintained communications with all the command and control assets and provided updates on its location before hitting the target. Raytheon Company (NYSE:RTN) stock opened at $96.47, in last session and closed at $97.59, by gained 1.05%.The 52 week range was $53.76-$99.48.Company’s market capitalization is $30.69 billion.
Northrop Grumman Australia Pty Limited, a subsidiary of Northrop Grumman Corporation (NYSE:NOC), announced that it has completed the acquisition of Qantas Defence Services Pty Limited, now called Northrop Grumman Integrated Defence Services Pty Limited (IDS), a provider of integrated logistics, sustainment and modernization support primarily to Australian Government and military customers.IDS operates as a part of Northrop Grumman Australia and is strategically aligned with the Integrated Logistics and Modernization division of Northrop Grumman Technical Services. The acquisition is not material to Northrop Grumman’s 2014 financial outlook. Northrop Grumman Corporation (NYSE:NOC) stock gained 1.62% and finished the last session at $120.02. The EPS of the stock remained 8.35.Company’s market capitalization is $26.01 billion.
Gencorp Inc (NYSE:GY) is a stock that remains unknown to most investors. Its main story is its Aerojet Rocketdyne unit, but the company also has a lot of balance sheet value as a land bank with thousands of acres that may be developed around Sacramento, Calif. Both aspects of the company come with great upside, as well as controversy and risk. Gencorp Inc (NYSE:GY) stock opened the session at $18.77, and closed the session at $18.90.The 52 week range of the GY stock remained $11.65-$19.21 and the day range was $18.76-19.02.