RTX Corporation
RTX33 yrs growthIndustrials · Stock · quarterly payer
Forward Yield
1.31%
Annual Dividend
$2.92
Payout Ratio
49%
5-Yr Growth
7.2%
Ex-Date
Aug 14, 2026
Frequency
Quarterly
Summary
As of August 2026, RTX Corporation (RTX) yields 1.31% ($2.92 per share annually), with a blended fair-value estimate of $120.41 — -46% downside, so it screens as overvalued. Dividend safety grade: A (97/100). 33 years of dividend growth.
Is RTX a good dividend stock?
YesRTX Corporation (RTX) pays a quarterly dividend yielding 1.31% ($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
- 163% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 1992
Key Data
- Dividend Yield
- 1.31%
- 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
- 0.29
- Market Cap
- $300.6B
- P/E Ratio
- 39.2
- 5-Yr Total Return
- 163%
- 52-Week Range
- $150.61 – $225.65
- Dividend Safety
- A · 97/100
- Ever Cut?
- Yes (1992)
Frequently Asked Questions
RTX Price — Last 12 Months
Daily close
Price Return
1 Year
+41%
3 Years
+159%
5 Years
+163%
52-Week Range
$150.61 – $225.65
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 $120.41 per share, versus a market price of $223.03. That implies 46% of downside.
Fair Value
$120.41
Current Price
$223.03
Downside
-46%
Margin of Safety
-85%
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 40.0% annual free-cash-flow growth. We model 10.8% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.0% discount rate (CAPM), 10.8% stage-1 growth, 2.5% terminal growth, $5.69 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 22, 2026 | — | $0.7300 | regular |
| Feb 20, 2026 | — | $0.6800 | regular |
| Nov 21, 2025 | — | $0.6800 | regular |
| Aug 15, 2025 | — | $0.6800 | regular |
| May 23, 2025 | — | $0.6800 | regular |
| Feb 21, 2025 | — | $0.6300 | regular |
| Nov 15, 2024 | — | $0.6300 | regular |
| Aug 16, 2024 | — | $0.6300 | regular |
| May 16, 2024 | — | $0.6300 | regular |
| Feb 22, 2024 | — | $0.5900 | regular |
| Nov 16, 2023 | — | $0.5900 | regular |
| Aug 17, 2023 | — | $0.5900 | regular |
| May 18, 2023 | — | $0.5900 | regular |
| Feb 23, 2023 | — | $0.5500 | regular |
Income Calculator
At $2.92 / yr per share
