Boston, MA 06/26/2013 (wallstreetpr) – Boeing (NYSE:BA) has approved and declared the regular quarterly dividend of 48.5 cents per share as announced by the Chairman, President and Chief Executive Officer Jim McNerney. The dividend will be paid on September 6, 2013 to the shareholder’s who are holding shares of the company as on August 9, 2013.
Last week in Paris Air Show, Airbus, Boeing sold billions of dollars of commercial airplanes to airlines and leasing companies in a view to take advantage of the new fuel efficient and saving technologies. The high profile aircraft for the year were Boeing’s 787 Dreamliner (the largest version of which officially launched at the air show) and Airbus’s A350 (which achieved its first flight earlier this month. Boeing Company makes heavy use of lightweight composite materials which in a way helps to reduce the weight of the aircraft and improves the payload, range and fuel efficiency.
Boeing’s 787 took its first flight on Monday, March 25, 2013 at Paine Field in Everett. Due to the danger of fire with lithium-ion battery in the plane, the fleet was grounded.
Boeing’s workhorse 717 continues to figure prominently in the success of established and new operators as the manufacturer’s leasing unit. QantasLink which is Australia’s largest regional airline will receive an additional five leased 717s to sum up to its existing fleet of 13 of the twinjets which operates across Australia. The delivery of the twinjet will be made in late 2013 after the aircrafts are refurnished with upgraded interiors. This will include a full business class experience to the customers along with the new entertainment systems in flight. Boeing Capital Corp. announced additional deployments of the modern and fuel-efficient twinjets.
The stock of the company showed an increase of 0.84% before closing the session at $98.67. The company’s market capitalization is $74.86 billion with 758.68 billion outstanding shares.
