Raytheon Technologies maintains composure within $93.13 to $94.64 range

A quick look at yesterday: although Raytheon Technologies increased from $93.12 to $94.64, the stock dropped back and is now priced at $93.26.

• The day's trading volume totalled 3.14 million shares — slightly below the 21-day average of 3.53 million.
• Raytheon Technologies's board sets quarterly dividend of 59 cents per share to be paid on Thursday, June 15th; annual dividend yield esimated at 2.53%.

Yesterday's closing bell ended a trading session in which S&P 500 increased to 4,205.45, which is a 1.3% change. Dow Jones went up to 33,100, making a 1% change. Raytheon Technologies was flat yesterday, while the Industrials sector was up 0.24%.

The US aerospace and defense company has fallen back around 11.03% from the significant high of $104.66 set a month ago. So far this year, it has been doing worse than the Dow Jones by 7.37%. Currently, the US defence contractor has a market capitalization of $136.27 billion with an average daily trading volume of 3.53 million shares. Raytheon Technologies expected revenue of $16.97 billion with an EPS of $1.22.

Raytheon Technologies disclosed a quarterly dividend of 59 cents per share on Monday, April 24th — to be paid on Thursday, June 15th to all shareholders of record up until Friday, May 19th. The company's decision delivers Raytheon Technologies shareholders with an annual dividend yield of 2.53%.

Meanwhile, mixed performances were seen by other industrials stocks as Lockheed Martin gained 1.27%, as it traded at $448.45. Boeing was up 1.37%. General Electric was up 1.2%.