Robert Allan Schwartz's dividend growth company information web site

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Dividend bumpiness by year
Dividend compound annual growth rates by year
Which companies pay dividends in which month?
Which companies pay dividends at which frequency?
Which companies have paid dividends for how many years?
Which companies have increased their dividends by at least X% per year over the most recent Y years?
Which dividend compound annual growth rates have which bumpiness?
Which companies have which dividend bumpiness?
Which sectors and industries have which dividend bumpiness?
Which companies have slowing dividend growth?

Company: RAYTHEON COMPANY (RTN)

This page shows only data up to the final business day of 2018.

Additional financial information for this company can be found at:
Total number of dividends paid: 154.

Dividend payment frequency:

FrequencyNumber of dividends
Annually0
Semi-annually0
Quarterly154
Monthly0
Irregularly0
'none'0

Current frequency is quarterly.

Dividend payment timing:

MonthNumber of dividends
January31
February9
March0
April22
May16
June0
July18
August20
September0
October21
November17
December0

Cancellations/Discontinuations/Omissions:

StatusNumber
Cancelled0
Discontinued0
Omitted0

Dividends per share by year:

Companies that declare a dividend late in one calendar year, might pay it early in the next calendar year.
This page will show both dividends declared per year, as well as dividends paid per year, in case the latter makes it look as if there was a freeze or a decrease.
The second column shows dividends declared per year.
The third column shows the increase in dividends declared from one year to the next.
The fourth column shows dividends paid per year.
The fifth column shows the increase in dividends paid from one year to the next.

The number in parentheses is the number of non-special dividends declared/paid during that period.

How do I determine the "bumpiness" of a company?
Mathematically, I use the standard deviation around the arithmetic mean of the dividend raise percentages.
I have devised a "bumpiness metric" which will tell at a glance how smooth or bumpy a company's dividend history has been.
For you math geeks, the bumpiness is the standard deviation rounded to the nearest integer.
The result is a whole number that tells you whether a company's dividend history has been smooth or teeth-rattling.

YearDividends declaredIncrease from previous yearDividends paidIncrease from previous yearCompound annual growth rate to 2018 fromBumpiness to 2018 fromMean to 2018 fromStandard deviation to 2018 from
1980$ 0.26250 (4)$ 0.25000 (4) 7.112% 5814.365%58.224
1981$ 0.31250 (4) 19.048%$ 0.30000 (4) 20.000% 6.783% 5914.213%58.998
1982$ 0.35000 (4) 12.000%$ 0.35000 (4) 16.667% 6.521% 6014.144%59.811
1983$ 0.35000 (4)NO CHANGE$ 0.35000 (4)NO CHANGE 6.713% 6114.549%60.611
1984$ 0.10000 (1) -71.429%$ 0.08750 (1) -75.000% 11.367% 5917.182%59.489
1985$ 0.40000 (4) 300.000%$ 0.40000 (4) 357.143% 6.702% 66.881%6.148
1986$ 0.43750 (4) 9.375%$ 0.42500 (4) 6.250% 6.716% 66.900%6.242
1987$ 0.46250 (4) 5.714%$ 0.45000 (4) 5.882% 6.743% 66.933%6.339
1988$ 0.50000 (4) 8.108%$ 0.50000 (4) 11.111% 6.600% 66.794%6.397
1989$ 0.55000 (4) 10.000%$ 0.53750 (4) 7.500% 6.570% 76.769%6.505
1990$ 0.60000 (4) 9.091%$ 0.58750 (4) 9.302% 6.473% 76.679%6.602
1991$ 0.61250 (4) 2.083%$ 0.60000 (4) 2.128% 6.638% 76.848%6.664
1992$ 0.66250 (4) 8.163%$ 0.65000 (4) 8.333% 6.573% 76.790%6.785
1993$ 0.70000 (4) 5.660%$ 0.70000 (4) 7.692% 6.528% 76.754%6.917
1994$ 0.73750 (4) 5.357%$ 0.72500 (4) 3.571% 6.653% 76.887%7.028
1995$ 0.65625 (4) -11.017%$ 0.65625 (4) -9.483% 7.417% 67.599%6.276
1996$ 0.80000 (4) 21.905%$ 0.78750 (4) 20.000% 6.877% 67.035%5.819
1997$ 0.80000 (4)NO CHANGE$ 0.80000 (4) 1.587% 7.136% 67.294%5.831
1998$ 0.80000 (4)NO CHANGE$ 0.80000 (4)NO CHANGE 7.506% 67.659%5.736
1999$ 0.80000 (4)NO CHANGE$ 0.80000 (4)NO CHANGE 7.916% 68.062%5.602
2000$ 0.80000 (4)NO CHANGE$ 0.80000 (4)NO CHANGE 8.374% 58.510%5.414
2001$ 0.80000 (4)NO CHANGE$ 0.80000 (4)NO CHANGE 8.888% 59.011%5.151
2002$ 0.80000 (4)NO CHANGE$ 0.80000 (4)NO CHANGE 9.469% 59.574%4.775
2003$ 0.80000 (4)NO CHANGE$ 0.80000 (4)NO CHANGE 10.131% 410.212%4.219
2004$ 0.80000 (4)NO CHANGE$ 0.80000 (4)NO CHANGE 10.893% 310.942%3.330
2005$ 0.88000 (4) 10.000%$ 0.86000 (4) 7.500% 11.158% 311.206%3.310
2006$ 0.96000 (4) 9.091%$ 0.94000 (4) 9.302% 11.314% 311.365%3.398
2007$ 1.02000 (4) 6.250%$ 1.00500 (4) 6.915% 11.723% 311.770%3.260
2008$ 1.12000 (4) 9.804%$ 1.09500 (4) 8.955% 12.004% 312.051%3.290
2009$ 1.24000 (4) 10.714%$ 1.21000 (4) 10.502% 12.172% 312.223%3.425
2010$ 1.50000 (4) 20.968%$ 1.43500 (4) 18.595% 11.394% 311.427%2.736
2011$ 1.72000 (4) 14.667%$ 1.66500 (4) 16.028% 10.747% 210.769%2.258
2012$ 2.00000 (4) 16.279%$ 1.93000 (4) 15.916% 9.908% 19.912%0.893
2013$ 2.20000 (4) 10.000%$ 2.15000 (4) 11.399% 9.612% 19.614%0.653
2014$ 2.42000 (4) 10.000%$ 2.36500 (4) 10.000% 9.516% 19.518%0.698
2015$ 2.68000 (4) 10.744%$ 2.61500 (4) 10.571% 9.166% 09.167%0.395
2016$ 2.93200 (4) 9.403%$ 2.86900 (4) 9.713% 8.893% 08.894%0.099
2017$ 3.19200 (4) 8.868%$ 3.12700 (4) 8.993% 8.794% 08.794%0.000
2018$ 3.47200 (4) 8.772%$ 3.40200 (4) 8.794%

What price should you pay today if you wanted last year's dividends ($ 3.40200) to represent a yield of X%?

YieldPrice
0.5%$680.40
1.0%$340.20
1.5%$226.80
2.0%$170.10
2.5%$136.08
3.0%$113.40
3.5%$ 97.20
4.0%$ 85.05
4.5%$ 75.60
5.0%$ 68.04
5.5%$ 61.85
6.0%$ 56.70
6.5%$ 52.34
7.0%$ 48.60
7.5%$ 45.36
8.0%$ 42.52
8.5%$ 40.02
9.0%$ 37.80
9.5%$ 35.81
10.0%$ 34.02

Copyright @ 2019 by Robert Allan Schwartz. Reproduction prohibited. All rights reserved.

All data up to 12/31/2015 are from Bloomberg.
All date after 1/1/2016 are from The Wall Street Journal and http://www.dividendinvestor.com.

All information provided "as is" for informational purposes only, not intended for trading purposes or advice.
Neither Robert Allan Schwartz nor Tessellation.com is liable for any informational errors, or incompleteness, or for any actions taken in reliance on information contained herein. By accessing this site, you agree not to redistribute the information found therein.