
RTX Corporation
RTX33 yrs growthIndustrials · Aerospace & Defense · Stock · quarterly payer
Forward Yield
1.51%
Annual Dividend
$2.92
Payout Ratio
49%
5-Yr Growth
7.2%
Ex-Date
Aug 14, 2026
Frequency
Quarterly
Key facts about RTX's dividend
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, RTX Corporation (RTX) has a forward dividend yield of 1.51%, based on an annual dividend of $2.92 per share and a share price of $193.92.
- As of Oct 19, 2026, RTX's dividend safety grade from SmarterDividends is A (97 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, RTX Corporation (RTX) has raised its dividend for 33 consecutive years as of Oct 19, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
- RTX last cut its regular dividend in 1992.
- RTX's most recent ex-dividend date was Aug 14, 2026, for a dividend of $0.73 per share.
- As of Oct 19, 2026, RTX pays out 49% of its trailing 12-month earnings as dividends (its payout ratio).
- RTX's dividend has grown at an average rate of 7.2% a year over the past five years.
- As of Oct 19, 2026, RTX's 1.51% yield is 33% below its five-year average yield of 2.27%.
- As of Oct 19, 2026, SmarterDividends' blended fair-value estimate for RTX is $108.41 per share, 44% below the $193.92 share price, so RTX screens as overvalued.
- RTX Corporation (RTX) pays its dividend quarterly, 4 times a year.
- RTX Corporation (RTX) has raised its regular dividend 39 times and cut it 0 times across the 226 payments on record since 1970. Its most recent change was a 7.4% increase to $0.730 per share, going ex-dividend on May 22, 2026.
- RTX (RTX) has declared its first higher dividend of the year in April in 3 of the last 5 years; its most recent raise, 7.4%, was declared on Apr 30, 2026.
Cite this page
SmarterDividends, "RTX Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 19, 2026, https://smarterdividends.com/stocks/RTX
Summary
As of Oct 19, 2026, RTX Corporation (RTX) yields 1.51% ($2.92 a year per share), has a dividend safety grade of A (97/100) and has 33 consecutive years of dividend increases on record.
Is RTX a good dividend stock?
YesRTX Corporation (RTX) pays a quarterly dividend yielding 1.51% ($2.92/yr), with 33 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 33 consecutive years of growth
- Comfortable payout ratio (49%)
- Strong 7.2% 5-yr dividend growth
- 140% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 1992
Key Data
- Dividend Yield
- 1.51%
- Payout Ratio
- 49%
- Annual Dividend
- $2.92
- 5-Yr Avg Growth
- 7.2%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 33
- Frequency
- quarterly
- Beta
- 0.31
- Market Cap
- $261.4B
- P/E Ratio
- 34.1
- 5-Yr Total Return
- 140%
- 52-Week Range
- $159.45 – $226.88
- Dividend Safety
- A · 97/100
- Ever Cut?
- Yes (1992)
RTX dividend raises and cuts
RTX Corporation (RTX) has raised its regular dividend 39 times and cut it 0 times across the 226 payments on record since 1970. Its most recent change was a 7.4% increase to $0.730 per share, going ex-dividend on May 22, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 22, 2026 | Raise | $0.680 → $0.730 | +7.4% |
| May 23, 2025 | Raise | $0.630 → $0.680 | +7.9% |
| May 16, 2024 | Raise | $0.590 → $0.630 | +6.8% |
| May 18, 2023 | Raise | $0.550 → $0.590 | +7.3% |
| May 19, 2022 | Raise | $0.510 → $0.550 | +7.8% |
| May 20, 2021 | Raise | $0.475 → $0.510 | +7.4% |
| May 14, 2020 | Raise | $0.463 → $0.475 | +2.7% |
| Nov 15, 2018 | Raise | $0.441 → $0.463 | +5.0% |
| Aug 16, 2017 | Raise | $0.415 → $0.441 | +6.1% |
| May 18, 2016 | Raise | $0.403 → $0.415 | +3.1% |
| Feb 11, 2015 | Raise | $0.371 → $0.403 | +8.5% |
| Nov 13, 2013 | Raise | $0.337 → $0.371 | +10.3% |
Show all 39 changes since 1974
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Aug 15, 2012 | Raise | $0.302 → $0.337 | +11.5% |
| May 18, 2011 | Raise | $0.267 → $0.302 | +12.9% |
| Feb 17, 2010 | Raise | $0.242 → $0.267 | +10.4% |
| Nov 12, 2008 | Raise | $0.201 → $0.242 | +20.3% |
| Aug 15, 2007 | Raise | $0.167 → $0.201 | +20.8% |
| May 17, 2006 | Raise | $0.138 → $0.167 | +20.5% |
| Feb 16, 2005 | Raise | $0.110 → $0.138 | +25.7% |
| Nov 12, 2003 | Raise | $0.0850 → $0.110 | +29.6% |
| May 14, 2003 | Raise | $0.0771 → $0.0850 | +10.2% |
| Feb 13, 2002 | Raise | $0.0708 → $0.0771 | +8.9% |
| Nov 15, 2000 | Raise | $0.0629 → $0.0708 | +12.5% |
| Nov 17, 1999 | Raise | $0.0566 → $0.0629 | +11.1% |
| May 20, 1998 | Raise | $0.0488 → $0.0566 | +16.1% |
| Feb 19, 1997 | Raise | $0.0433 → $0.0488 | +12.7% |
| Nov 15, 1995 | Raise | $0.0393 → $0.0433 | +10.0% |
| Aug 15, 1994 | Raise | $0.0354 → $0.0393 | +11.1% |
| Feb 16, 1990 | Raise | $0.0315 → $0.0354 | +12.5% |
| May 16, 1988 | Raise | $0.0275 → $0.0315 | +14.3% |
| May 21, 1984 | Raise | $0.0256 → $0.0275 | +7.7% |
| May 16, 1983 | Raise | $0.0236 → $0.0256 | +8.3% |
| Feb 13, 1981 | Raise | $0.0216 → $0.0236 | +9.1% |
| Feb 16, 1979 | Raise | $0.0197 → $0.0216 | +10.0% |
| Feb 17, 1978 | Raise | $0.0177 → $0.0197 | +11.1% |
| May 25, 1977 | Raise | $0.0118 → $0.0177 | +50.0% |
| May 26, 1976 | Raise | $0.0113 → $0.0118 | +4.4% |
| Feb 19, 1976 | Raise | $0.0098 → $0.0113 | +15.0% |
| May 20, 1974 | Raise | $0.0089 → $0.0098 | +11.1% |
Frequently Asked Questions
Is RTX a good dividend stock?
Yes. RTX Corporation (RTX) pays a quarterly dividend yielding 1.51% ($2.92/yr), with 33 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is RTX undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, RTX's fair value is about $108.41 versus a $193.92 share price — so it looks overvalued (-44% vs. fair value).
Is RTX's dividend safe?
RTX has a dividend-safety grade of A (97/100), based on its payout coverage, free-cash-flow, 33-year growth streak, a dividend cut in 1992, debt and yield-versus-history.
What is RTX's fair value?
Our blended fair-value estimate for RTX is about $108.41 per share, about 44% below the current $193.92 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is RTX a buy, hold, or sell?
We don't issue formal ratings, but on the data RTX screens as "yes" and overvalued. RTX Corporation (RTX) pays a quarterly dividend yielding 1.51% ($2.92/yr), with 33 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will RTX cut its dividend?
RTX earns a dividend-safety grade of A (97/100), and has cut its dividend before (last in 1992). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does RTX pay a dividend?
Yes. RTX Corporation pays a quarterly dividend of about $2.92 per share annually, a forward yield of roughly 1.51%.
What is RTX's dividend yield?
As of Oct 19, 2026, RTX's forward dividend yield is 1.51%, based on a $2.92 annual dividend and a $193.92 share price.
What is RTX's dividend per share?
As of Oct 19, 2026, RTX pays $2.92 per share per year, distributed on a quarterly basis.
What is RTX's dividend payout ratio?
As of Oct 19, 2026, RTX's payout ratio is 49% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has RTX grown its dividend?
As of Oct 19, 2026, RTX has increased its dividend for 33 consecutive years.
When is the next RTX ex-dividend date?
As of Oct 19, 2026, RTX's next ex-dividend date hasn't been announced. The most recent was Aug 14, 2026, for $0.73 per share.
RTX Price — Last 12 Months
Daily close
Price Return
1 Year
+11%
3 Years
+138%
5 Years
+140%
52-Week Range
$159.45 – $226.88
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is RTX worth?
Overvaluedhigh confidenceOur blended fair-value estimate for RTX Corporation is $108.41 per share, versus a market price of $193.92. That implies 44% of downside.
Fair Value
$108.41
Current Price
$193.92
Downside
-44%
Margin of Safety
-79%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 20.4% annual free-cash-flow growth. We model 10.5% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.0% discount rate (CAPM), 10.5% growth for five years fading to 2.5% over the next five, $5.68 EPS, $2.92 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
RTX Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full RTX dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | Sep 3, 2026 | $0.7300 | regular |
| May 22, 2026 | Jun 11, 2026 | $0.7300 | regular |
| Feb 20, 2026 | Mar 19, 2026 | $0.6800 | regular |
| Nov 21, 2025 | Dec 11, 2025 | $0.6800 | regular |
| Aug 15, 2025 | Sep 4, 2025 | $0.6800 | regular |
| May 23, 2025 | Jun 12, 2025 | $0.6800 | regular |
| Feb 21, 2025 | Mar 20, 2025 | $0.6300 | regular |
| Nov 15, 2024 | Dec 12, 2024 | $0.6300 | regular |
| Aug 16, 2024 | Sep 5, 2024 | $0.6300 | regular |
| May 16, 2024 | Jun 13, 2024 | $0.6300 | regular |
| Feb 22, 2024 | Mar 21, 2024 | $0.5900 | regular |
| Nov 16, 2023 | Dec 14, 2023 | $0.5900 | regular |
| Aug 17, 2023 | Sep 7, 2023 | $0.5900 | regular |
| May 18, 2023 | Jun 15, 2023 | $0.5900 | regular |
Income Calculator
At $2.92 / yr per share
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